Here's How Much You Would Have Made Owning Freeport-McMoRan Stock In The Last 5 Years

Freeport-McMoRan, Inc. -0.28%

Freeport-McMoRan, Inc.

FCX

49.20

-0.28%

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 14.08% on an annualized basis producing an average annual return of 22.92%. Currently, Freeport-McMoRan has a market capitalization of $49.17 billion.

Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $2,796.82 today based on a price of $34.30 for FCX at the time of writing.

Freeport-McMoRan's Performance Over Last 5 Years

comp_fig

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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