I'm pretty new to the stock market.
There is a stock I like a lot ($TPC).
I like everything about it except the fact that they have a really bad recent history at delivering on earnings reports. They have missed on 7 of their last 8 earnings. That being said they are up almost 150% over the past year. How important are past earnings when projecting a stocks future? Also, I already own $FCX. Would that be too much exposure to copper if i owned them both in a 12-stock portfolio? I heard construction and copper go hand in hand at times (Even though $TPC is a construction company and not a copper miner like $FCX). Appreciate the help!
