Freeport-McMoran (FCX)
Entry: Unlock
Price target: 47.00-48.00
Second PT: Unlock
Analysis done on daily timeframe. Freeport-McMoRan, a leading mining company specializing in gold, copper, and molybdenum, has landed on our watchlist following China's decision to remove tax rebates on metals like aluminum and copper. This policy shift is significant, as it incentivizes buyers to source from producers outside China, potentially benefiting companies like Freeport-McMoRan. While the company has a long-standing reputation in the industry, its stock has struggled over the past three years, still trading at 2021 levels. However, future earnings projections suggest 2025 could mark a breakout year.
The first half of 2023 was challenging for FCX, with declines of 20% and 4% in Q1 and Q2, respectively. However, the company reversed course starting in Q3, posting steady growth in subsequent quarters. Net income rose 80% and 16% over the past two quarters, signaling a turnaround. Looking ahead, EPS is expected to climb significantly in 2025, with projections of $0.53–$0.55 per share for Q1–Q3, compared to $0.32, $0.46, and $0.38 for the same periods in 2024.
China’s policy shift could be the catalyst FCX needs to attract new interest, and meeting or exceeding these earnings expectations could drive the stock toward new highs. With promising growth on the horizon, Freeport-McMoRan is worth watching as it gears up for a potential resurgence.
Please note that this may take beyond this week to come around to price targets.
Walt Disney (DIS)
Entry: Unlock
Price target: 123.00-124.00
Second PT: Unlock
Analysis done on daily timeframe. Disney shares hit their highest level in nearly six months last week, boosted by strong quarterly earnings that beat revenue and profit expectations. A standout highlight was the significant improvement in streaming profitability, marking a turnaround after years of challenges. The past two quarters have shown the most substantial gains in this segment, finally bringing Disney's streaming business into the black.
With its diverse portfolio spanning parks, movies, entertainment, and streaming, Disney remains a powerhouse, though its stock has lagged the broader market. Now that the streaming headwinds have eased, maintaining operational efficiency will be key to sustaining momentum. The company’s optimistic guidance for the year ahead positions it as a potential winner in 2025.
Financially, Disney has made a notable recovery from its pandemic-era struggles, when net income plunged from $11 billion in 2019 to -$2.86 billion in 2020. This crisis exposed vulnerabilities and accelerated its push into the competitive streaming space. While net income has yet to return to pre-pandemic levels, revenue has surged, reaching $90 billion last year compared to $70 billion in 2019—a robust figure for a company valued at $208 billion.
Investors are closely watching Disney’s profit margins as it works to restore its former performance levels. This recovery is expected to drive free cash flow growth, enabling dividend increases—a key factor for attracting and retaining shareholders. With its dividend reinstated in 2023 after being suspended during the pandemic, Disney’s focus on steady earnings and cash flow growth could enhance its appeal, especially for income-focused investors.
Please note that this may take beyond this week to come around to price targets.
Apple (AAPL)
Entry: Unlock
Price target: 237.00-240.00
Second PT: Unlock
Analysis done on daily timeframe. Apple recently lost its position as the world’s largest company to Nvidia but may soon reclaim the top spot as we move deeper into Q4. The holiday season is a critical period for consumer-focused companies like Apple, potentially giving the stock the boost needed to break out of its stagnant $200–$240 trading range. Despite concerns over weaker iPhone demand and slowing revenue and net income growth, Apple remains a financial powerhouse, generating nearly $400 billion in annual revenue with $94 billion in net income—an impressive 25% margin.
As a brand and business, Apple needs no introduction. Its dominance and future potential are widely recognized by consumers and investors alike. While short-term struggles have weighed on the stock, Apple’s $108 billion cash reserve positions it well to invest in new products, expand services, and support shareholder returns through stock buybacks and dividend increases.
Currently, Apple’s technical setup makes it especially worth watching. The stock has been hovering around its 100-day moving average for two weeks, with a breakout or breakdown likely to determine the next move. While this short-term battle plays out, the larger trend remains bullish, with Apple up 21% year-to-date. The high probability of the uptrend continuing makes this a potential opportunity for investors to enter as the stock retests its 100-day moving average.
Please note that this may take beyond this week to come around to price targets.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
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The stocks posted above are the preliminary stocks and set ups we’ll be watching this week. All price points are subject to change based on market performance and sector health. Please do your own research and analysis on these companies/charts before taking on any set ups. Trade at your own risk and as always, good luck! Let’s have a fantastic week.