Dow has recently underperformed other basic materials stocks, but Wall Street analysts anticipate a modest upside for the stock.
Freeport-McMoRan stock performance outshines many of its peers and the broader market this year, and Wall Street analysts see a modest upside in the stock.
The U.S. Is About to Spend Hundreds of Billions on Infrastructure: 3 ETFs to Reap the Benefits
Most funds from the 2021 infrastructure bill have yet to be spent, and these companies stand to capitalize.
iShares U.S. Basic Materials (IYM) Shares Cross Below 200 DMA
In trading on Monday, shares of the iShares US Basic Materials ETF crossed below their 200 day moving average of $133.67, changing hands as low as $133.37 per share. iShares US Basic Materials shares...