$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 significantly outperformed the market, with an average annual return of 32.26%. A $100 investment in FCX five years ago would be worth $397.19 today. The company currently has a market cap of $60.66 billion.
December 25, 2023 | 5:30 pm
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Freeport-McMoRan's stock has provided an average annual return of 32.26% over the past 5 years, turning a $100 investment into $397.19 today.
The historical performance of Freeport-McMoRan is indicative of strong past growth, which may positively influence investor perception and could lead to increased investor interest in the short term. However, past performance is not always indicative of future results, and this should be considered when evaluating the potential impact.
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