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Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 5 years by 23.09% on an annualized basis producing an average annual return of 37.04%. Currently, Freeport-McMoRan has a market capitalization of $63.24 billion. Buying $1000 In FCX: If an investor had bought $1000 of FCX stock 5 years ago, it would be worth $4,832.41 today based on a price of $44.01 for FCX at the time of writing. Freeport-McMoRan’s Performance Over Last 5 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make i…

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