If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,700 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 10.11%. If an investor had bought $1000 of PSA stock 20 years ago, it would be worth $6,746.38 today. The company currently has a market capitalization of $48.31 billion.
October 16, 2023 | 6:00 pm
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Public Storage has shown strong performance over the past 20 years, with an average annual return of 10.11%. This historical performance may attract investors looking for long-term investments.
The news highlights the strong historical performance of Public Storage, which has outperformed the market over the past 20 years. This could potentially attract more investors to the stock, driving up demand and potentially leading to a short-term increase in the stock price.
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