CNBC Bonus Bucks Trivia: CNBC Stock Blog: Thomas Winmill likes miner Freeport McMoRan for a “special reason.” What special reason?

CNBC Stock Blog: Thomas Winmill likes miner Freeport McMoRan for a “special reason.” What special reason?

One special reason Winmill likes Freeport McMoRan is its involvement in the production of molybdenum.

“It doesn’t trade in the futures market,” he pointed out.  “Molybdenum is used primarily for pipe, for drilling pipe for oil exploration, any kind of pipeline…it’s a very strong market, and a small market.”

In the models I use Freeport McMoRan (FCX - Annual Report) ranks highly for both price momentum and return potential.

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