Stephen Weiss of Short Hills Capital Partners said he likes Freeport-McMoRan Inc. (NYSE:FCX), per CNBC’s “Halftime Report Final Trades.”
Freeport-McMoRan reported $5.74 billion in second-quarter revenue for 2023, beating the consensus of $5.54 billion. Copper sales of 1.03 billion pounds were down 5% Y/Y due to shipping delays in Indonesia.
Joseph Terranova of Virtus Investment Partners named FLEETCOR Technologies, Inc. (NYSE:FLT), adding that it’s “tough to find a financial with 21% revenue growth.”
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FleetCor Technologies reported better-than-expected second-quarter financial results and issued FY23 revenue guidance above estimates.
Liz Young of BNY Mellon Investment Management picked SPDR Gold Shares (NYSE:GLD).
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Price Action: Freeport-McMoRan shares gained 1% to settle at $39.26, while 39.26 shares rose 0.9% to close at $264.51 on Wednesday.
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