Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 10 years by 10.62% on an annualized basis producing an average annual return of 23.79%. Currently, Freeport-McMoRan has a market capitalization of $94.70 billion.
Buying $100 In FCX: If an investor had bought $100 of FCX stock 10 years ago, it would be worth $859.11 today based on a price of $65.89 for FCX at the time of writing.
Freeport-McMoRan’s Performance Over Last 10 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.
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