Tim Seymour Would Sell PCU And FCX
CNBC's Fast Money Tim Seymour is concerned with the price of the copper. He believes that it reached its top and thinks it would be a good idea to sell companies like Southern Copper Corporation (NYSE: PCU) and Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX). Tim Seymour also thinks that gold is going higher in the long run.
Southern Copper Corporation (PCU) gained 3.50% and closed at $35.81 with a volume of $2.53M. Freeport-McMoRan (FCX) jumped 3.57% at $84.48 and had a volume of $14.18M.
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