$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Pure Storage PSTG has outperformed the market over the past 5 years by 15.57% on an annualized basis producing an average annual return of 28.24%. Currently, Pure Storage has a market capitalization of $20.31 billion.

Buying $1000 In PSTG: If an investor had bought $1000 of PSTG stock 5 years ago, it would be worth $3,484.40 today based on a price of $62.26 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.