If You Invested $1000 In This Stock 20 Years Ago, Here's How Much You Would Have Today

Freeport-McMoRan (NYSE:FCX) has outperformed the market over the past 20 years by 2.96% on an annualized basis.

Buying $1,000 In FCX: 20 years ago, an investor could have purchased 129.45 shares of Freeport-McMoRan at the time with $1,000. This investment in FCX would have produced an average annual return of 9.68%. Currently, Freeport-McMoRan has a market capitalization of $72.77 billion.