Wall Street veteran Jim Chanos has made a name for himself over the years by shorting stocks. In an interview with the Financial Times, Chanos recently revealed his firm's latest short thesis. While Chanos is betting against these stocks, I'm taking the other side of that trade. Read More...
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Buy or Sell: Freeport-McMoRan
It’s been a challenging year for investors, and a stock like copper miner Freeport-McMoRan (NYSE: FCX) provides a good example. With the market concerned about rising commodity costs, investors favored stocks that benefited from rising commodity prices — in this case, copper. As such, Freeport’s stock was up nearly 25% on the year to late March.
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