$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,700 Today
Portfolio Pulse from Benzinga Insights
Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years, producing an average annual return of 22.21%. An investment of $1000 in FCX 5 years ago would be worth $2,703.54 today. The company currently has a market capitalization of $51.51 billion.
October 04, 2023 | 6:00 pm
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POSITIVE IMPACT
Freeport-McMoRan has shown strong performance over the past 5 years, with an average annual return of 22.21%. This could indicate a positive trend for the company's stock.
The news highlights the strong performance of Freeport-McMoRan over the past 5 years, which has outperformed the market. This could potentially attract more investors, driving up the demand and price of the stock in the short term.
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IMPORTANCE 80
RELEVANCE 100