$100 Invested In This Stock 5 Years Ago Would Be Worth $400 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Freeport-McMoRan (NYSE:FCX) has produced an average annual return of 28.81%, outperforming the market. A $100 investment in FCX five years ago would be worth $355.30 today. The company's market capitalization stands at $53.85 billion.
December 12, 2023 | 4:31 pm
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Freeport-McMoRan's stock has significantly outperformed the market with a 28.81% average annual return over the past 5 years, turning a $100 investment into $355.30 today.
The historical performance of Freeport-McMoRan is a strong indicator of the company's past success and may positively influence investor sentiment. However, past performance does not guarantee future results, and investors should consider more than historical returns when making investment decisions.
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