Pure Storage (NYSE:PSTG) has outperformed the market over the past 5 years by 17.72% on an annualized basis producing an average annual return of 30.55%. Currently, Pure Storage has a market capitalization of $22.12 billion.
Buying $1000 In PSTG: If an investor had bought $1000 of PSTG stock 5 years ago, it would be worth $3,670.82 today based on a price of $67.80 for PSTG at the time of writing.
Pure Storage’s Performance Over Last 5 Years
Finally — 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 in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
