Freeport-McMoRan FCX has outperformed the market over the past 5 years by 6.29% on an annualized basis producing an average annual return of 15.38%. Currently, Freeport-McMoRan has a market capitalization of $38.55 billion.
Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $2,045.00 today based on a price of $26.59 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.