If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,400 Today
Portfolio Pulse from Benzinga Insights
Public Storage (NYSE:PSA) has outperformed the market over the past 20 years, producing an average annual return of 11.27%. A $1000 investment in PSA 20 years ago would be worth $8,416.91 today.
June 12, 2023 | 9:00 pm
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Public Storage has generated an 11.27% average annual return over the past 20 years, turning a $1000 investment into $8,416.91 today.
The article highlights Public Storage's historical performance, which is not a direct indicator of future performance. However, it demonstrates the company's ability to generate returns for investors over a long period. The short-term impact on the stock price is neutral as the information is not new or unexpected.
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