Here's How Much You Would Have Made Owning Pure Storage Stock In The Last 5 Years

Pure Storage (NYSE:PSTG) has outperformed the market over the past 5 years by 19.68% on an annualized basis producing an average annual return of 32.79%. Currently, Pure Storage has a market capitalization of $20.20 billion.

Buying $1000 In PSTG: If an investor had bought $1000 of PSTG stock 5 years ago, it would be worth $4,180.22 today based on a price of $62.11 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.