R59- FCX
Hindsight ? This was not hindsight. I actually said around Dec 1 when the stock was $14, that I liked it, and that it looked cheap, and the stock is up 40% since then. I don't know where you see 2019 estimates, but that is way too far off IMO to make any judgement at all. 2018 estimates are 50% higher than 2017. One year is as far out as I'd ever go with any stock. Also one line or ten lines- the most important thing to know IMO with any stock is the growth going forward, and the PE going forward. I could have added what growth rate and PE going forward peers were selling for, or what the avg PE was for the sector was historically- true.
