Here's How Much You Would Have Made Owning Freeport-McMoRan Stock In The Last 5 Years
Freeport-McMoRan, Inc. FCX | 48.53 48.24 | +1.23% -0.60% Pre |
Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 14.08% on an annualized basis producing an average annual return of 22.92%. Currently, Freeport-McMoRan has a market capitalization of $49.17 billion.
Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $2,796.82 today based on a price of $34.30 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.