Here's How Much You Would Have Made Owning Freeport-McMoRan Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Freeport-McMoRan (NYSE:FCX) has outperformed the market with an annualized return of 22.68%, growing a $100 investment to $296.17. The company's market capitalization stands at $52.15 billion.
February 13, 2024 | 3:30 pm
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POSITIVE IMPACT
Freeport-McMoRan has shown a remarkable performance over the last 5 years with an average annual return of 22.68%, significantly outperforming the market.
The significant outperformance of Freeport-McMoRan compared to the market over the past 5 years, as indicated by its 22.68% annualized return, suggests a strong positive momentum for the stock. This historical performance, coupled with the company's substantial market capitalization, indicates a robust financial health and operational success, likely leading to continued investor confidence and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100