Jim Cramer Warns Southern Copper Investors
Jim Cramer told callers he is wary of Southern Copper Corporation (NYSE:SCCO), saying the stock has made a parabolic move, is up 25% year-to-date, and yields only 1.98%. On January 13, Wells Fargo raised its price target to $182 from $144, citing constrained supply and strong copper and aluminum demand in 2026. The article includes promotional investment commentary.
Key Points
- 1Warns: Jim Cramer says Southern Copper is in a 'parabolic' uptrend, up 25% year-to-date.
- 2Notes: Wells Fargo raises SCCO price target to $182, citing constrained supply and strong 2026 metal demand.
- 3Implies: High share gains and low 1.98% yield reduce income appeal; investors should reassess timing.
Scoring Rationale
Moderate company-level updates and analyst action, limited novelty and low relevance to core AI/ML topics.
Sources
Public references used for this report.
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