Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 23.09% on an annualized basis producing an average annual return of 37.04%. Currently, Freeport-McMoRan has a market capitalization of $63.24 billion.
Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $4,832.41 today based on a price of $44.01 for FCX at the time of writing.
Freeport-McMoRan's Performance Over Last 5 Years
![1724965296_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240830/47265889-0-116ff7e7fd0770387e04b34fc7ef29fd.png/big)
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.