If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

Pure Storage PSTG has outperformed the market over the past 5 years by 10.59% on an annualized basis producing an average annual return of 24.84%. Currently, Pure Storage has a market capitalization of $16.06 billion.

Buying $100 In PSTG: If an investor had bought $100 of PSTG stock 5 years ago, it would be worth $295.34 today based on a price of $49.02 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.