Freeport-McMoRan: Rally Looks Tired, Consolidation Likely

Freeport-McMoRan's stock rally appears to be losing steam, with consolidation likely in the copper market.

The company's stock has risen significantly this year, but analysts suggest that the rally may be overdone.

Consolidation in the copper market is expected, with Freeport-McMoRan being one of the largest copper producers globally.