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

Benzinga ·  May 20 22:00

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 26.45% on an annualized basis producing an average annual return of 39.84%. Currently, Freeport-McMoRan has a market capitalization of $77.43 billion.

Buying $100 In FCX: If an investor had bought $100 of FCX stock 5 years ago, it would be worth $541.81 today based on a price of $53.90 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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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