Pure Storage (NYSE:PSTG) has outperformed the market over the past 5 years by 16.86% on an annualized basis producing an average annual return of 30.48%. Currently, Pure Storage has a market capitalization of $19.02 billion.
Buying $100 In PSTG: If an investor had bought $100 of PSTG stock 5 years ago, it would be worth $372.86 today based on a price of $58.51 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.