Top Copper Stocks 2012 - Top Copper Stocks to Buy 2012

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Top Copper Stocks 2012 - Copper Stocks to Buy 2012

The price of Copper recently dropped from $4.20 to $3.20 in September 2011.  As we head into 2012, I expect copper prices to show continued weakness due to the European Debt Crisis as well as the slow down in China.  Copper is a direct read on the world economy and as long as debt problems persist, I don't think Copper will outperform other metals like Silver and Gold.  However, now that copper prices have dropped so much, there are several stocks that look like good buys in 2012.

Below is a list of my latest copper stock picks for 2012.  These Top 2012 Copper Stock Picks are my favorite stocks to buy and some of the stocks I will be trading personally.  I want to buy these copper stocks right now or on any further pullbacks.  All predictions have copper possibly dropping below $3 but rallying back to $3.80-$4 in 2012.   

More Popular Articles - Top Gold Stocks - Top Oil Stocks - If you are looking for some hot stocks, check out my biggest gainers page, my top penny stock gainers page, and my top stock gainers page.  I also have updates on my stock blog.  If you want to learn about day trading stocks, go to my day trading page.

Latest 2012 Stock Picks - Click Here

Top Copper Stocks 2012 - Stocks to Buy - Freeport-McMoRan Copper & Gold Inc. (FCX) - Freeport-McMoRan Copper & Gold Inc. (FCX) is my top copper stock to buy right now and into 2012 due to the recent drop.  FCX stock was trading around $55 during the summer of 2011 and is now back to $30.  I feel Freeport-McMoRan Copper & Gold Inc. (FCX) is a strong buy below $32 which is a good buy for both the long and short term investor.  FCX can easily rise back to $45-$50 in 2012 on a good stock market rally.  If you are looking for a good stock pick in 2012, take a look at Freeport-McMoRan Copper & Gold Inc. (FCX).

Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, silver, and cobalt. It holds interests in various properties, located in North and South America; the Grasberg minerals district in Indonesia; and the Tenke Fungurume minerals district in the Democratic Republic of Congo. As of December 31, 2010, the company’s consolidated recoverable proven and probable reserves totaled 120.5 billion pounds of copper, 35.5 million ounces of gold, 3.39 billion pounds of molybdenum, 325.0 million ounces of silver, and 0.75 billion pounds of cobalt. The company was founded in 1987 and is headquartered in Phoenix, Arizona.

FCX 2012 Price Target = $45-$50 

Best Copper Stocks 2012 - Stock Picks -  Rio Tinto plc (RIO) - Rio Tinto plc (RIO) is another one of my best copper stocks to buy right now due to the recent pullback in share price.  I think RIO is a great copper stock because it is a global company.  Rio Tinto plc (RIO) recently traded at $70 during the summer of 2011 and is now down to $45.   If RIO stock drops below $40 in 2011/2012, it becomes a strong buy.

Rio Tinto plc engages in finding, mining, and processing mineral resources. The company produces aluminum products, including bauxite, alumina, and aluminium; copper, gold, molybdenum, silver, and nickel, as well as sulphuric acid; diamonds; industrial minerals, such as borates, titanium dioxide feedstocks, talc, high purity iron, salt, metal powders, zircon, and rutile; thermal and coking coal, and uranium; and iron ore. It primarily operates in Australia, North America, South America, Asia, Europe, and Africa. The company was founded in 1873 and is headquartered in London, the United Kingdom. Rio Tinto plc is a subsidiary of Rio Tinto Group.

Rio Tinto plc (RIO)  2012 Price Target = $62

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