#21. Freeport-McMoRan Inc (FCX) — 88% UPSIDE

Freeport-McMoRan is a holding company. Through its subsidiaries, Co. is a mining company. Co. operates assets with proven and probable reserves of copper, gold and molybdenum, and Co. is a publicly traded copper producer. Co.'s portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits; and mining operations in North America and South America, including the Morenci minerals district in Arizona and the Cerro Verde operation in Peru. Co. has organized its mining operations into four primary divisions: North America copper mines, South America mining, Indonesia mining and Molybdenum mines. The median 12 month forward target price among analysts covering FCX is $12.0/share.