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If You Invested $100 In This Stock 5 Years Ago, You Would Have $500 Today

Benzinga ·  Oct 10 11:30

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 25.05% on an annualized basis producing an average annual return of 39.09%. Currently, Freeport-McMoRan has a market capitalization of $71.20 billion.

Buying $100 In FCX: If an investor had bought $100 of FCX stock 5 years ago, it would be worth $521.63 today based on a price of $49.55 for FCX at the time of writing.

Freeport-McMoRan's Performance Over Last 5 Years

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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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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