Here's How Much $1000 Invested In Public Storage 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Public Storage (NYSE:PSA) has delivered an average annual return of 9.17% over the past 20 years, outperforming the market by 1.6% annually. A $1000 investment in PSA 20 years ago would now be worth $5,808.17. The company's current market capitalization stands at $46.48 billion.
December 01, 2023 | 8:00 pm
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Public Storage has shown strong long-term performance with an average annual return of 9.17% over 20 years, significantly growing a $1000 investment to $5,808.17.
The historical performance data of Public Storage (PSA) indicates a strong track record of growth, which may instill confidence in investors about the company's long-term value creation. This positive performance trend is likely to have a favorable impact on investor sentiment and could contribute to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100