$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,800 Today
Portfolio Pulse from Benzinga Insights
Freeport-McMoRan (NYSE:FCX) has significantly outperformed the market over the past 5 years, with an annualized return of 37.04%. A $1000 investment in FCX 5 years ago would now be worth $4,832.41, highlighting the power of compounded returns.
August 29, 2024 | 9:01 pm
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Freeport-McMoRan has shown impressive growth over the past 5 years, outperforming the market with a 37.04% annualized return. This highlights the company's strong performance and the benefits of long-term investment.
The article highlights Freeport-McMoRan's strong performance over the past 5 years, with a significant annualized return. This positive historical performance is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100