Freeport-McMoRan Inc. (NYSE:FCX) catches Jim Cramer’s eye due to its Indonesian mine, copper demand, and rising gold prices. Cramer dismisses fears of mine expropriation, stating, “I think you’re fine in the stock.”

Cramer acknowledges Freeport-McMoRan’s (NYSE:FCX) copper production but advises against owning it. He sees it as a trading vehicle, not a long-term investment, despite copper’s 25% increase this year.

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Explore “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now” for more investment opportunities. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: “You’re Fine in the Stock”