Here's How Much You Would Have Made Owning Freeport-McMoRan Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Freeport-McMoRan (NYSE:FCX) has delivered an average annual return of 26.83% over the past 5 years, outperforming the market by 15.7% on an annualized basis. A $100 investment in FCX stock 5 years ago would be worth $332.64 today. The company's current market capitalization stands at $52.87 billion.
November 23, 2023 | 6:00 pm
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Freeport-McMoRan's stock has significantly outperformed the market with a 26.83% average annual return over the past 5 years, and a $100 investment growing to $332.64 in the same period.
The positive historical performance data of Freeport-McMoRan presented in the article is likely to instill confidence in investors and could lead to a short-term positive sentiment towards FCX stock. The significant outperformance compared to the market and the impressive growth of a hypothetical investment are strong indicators of the company's past success, which may influence investor perception and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100