Freeport-McMoRan FCX has outperformed the market over the past 5 years by 9.22% on an annualized basis producing an average annual return of 15.93%. Currently, Freeport-McMoRan has a market capitalization of $56.63 billion.
Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $2,000.25 today based on a price of $39.62 for FCX at the time of writing.
Freeport-McMoRan’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.