Freeport-McMoRan FCX has outperformed the market over the past 5 years by 6.09% on an annualized basis producing an average annual return of 16.84%. Currently, Freeport-McMoRan has a market capitalization of $45.12 billion.
Buying $100 In FCX: If an investor had bought $100 of FCX stock 5 years ago, it would be worth $215.80 today based on a price of $31.55 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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.