Freeport-McMoRan (NYSE: FCX) has outperformed the market over the past 10 years by 6. 46% on an annualized basis producing an average annual return of 18. 74%. Currently, Freeport-McMoRan has a market capitalization of $82. 83 billion. Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 10 years ago, it would be worth $5,570. 02 today based on a price of $57. 63 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.
https://www.benzinga.com/insights/news/26/03/51447844/1000-invested-in-freeport-mcmoran-10-years-ago-would-be-worth-this-much-today