If You Invested $100 In This Stock 5 Years Ago, You Would Have $500 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 39.09%. A $100 investment in FCX 5 years ago would now be worth $521.63, highlighting the power of compounded returns.
October 10, 2024 | 3:30 pm
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Freeport-McMoRan has outperformed the market with a 39.09% annualized return over the past 5 years. A $100 investment 5 years ago is now worth $521.63, demonstrating strong growth and the impact of compounded returns.
The article highlights Freeport-McMoRan's strong performance over the past 5 years, significantly outperforming the market. 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