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$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Benzinga ·  Dec 24 22:30

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 11.67% on an annualized basis producing an average annual return of 24.79%. Currently, Freeport-McMoRan has a market capitalization of $56.64 billion.

Buying $100 In FCX: If an investor had bought $100 of FCX stock 5 years ago, it would be worth $302.15 today based on a price of $39.42 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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