If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today

Freeport-McMoRan FCX has outperformed the market over the past 5 years by 7.39% on an annualized basis producing an average annual return of 16.44%. Currently, Freeport-McMoRan has a market capitalization of $42.49 billion.

Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $2,114.51 today based on a price of $29.73 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.

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