Freeport McMoRan (FCX): Top play in copper

Filed under: International markets, Newsletters, Freep't McMoRan Copper (FCX), Commodities, Stocks to Buy

"Recent weakness in commodities is just a pause to breathe , not the beginning of the end," says Yiannis Mostrous in Vital Resource Investor. His favorite copper play? Freeport-McMoRan Copper & Gold (NYSE: FCX).

"Most investors aren't able to grasp this commodities cycle's massive potential. The main reason is that few investors are willing to accept the big transformation that's taking place in several emerging market economies, led by China and India.

"We've been advocating this change for quite some time. And after several years of doing so, investors are more receptive. However, they're not totally convinced yet.

"This is the main reason this bull market in emerging markets and commodities has another strong leg up before it reaches all-time highs. But we're