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

Pure Storage PSTG has outperformed the market over the past 5 years by 9.11% on an annualized basis producing an average annual return of 22.91%. Currently, Pure Storage has a market capitalization of $17.76 billion.

Buying $1000 In PSTG: If an investor had bought $1000 of PSTG stock 5 years ago, it would be worth $2,802.07 today based on a price of $54.19 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.