Copper Miners FCX and SCCO Top Buy Points Amid Supply Crunch

Copper miners are seeing increased demand and supply crunch in the market.

The top buy points for copper miners include Freeport-McMoRan Inc. (FCX) and Southern Copper Corp. (SCCO), according to Investor's Business Daily.

Freeport-McMoRan Inc., with a ticker of FCX, is up 24% from its 50-day moving average. It has also outperformed the industry in terms of earnings growth and return on equity over the past year.

Southern Copper Corp., with a ticker of SCCO, is another top copper miner to consider. It has seen a 15% increase in stock price from its 50-day moving average and has also outperformed its peers in terms of return on equity.