$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,800 Today
Portfolio Pulse from Benzinga Insights
Public Storage (NYSE:PSA) has delivered an average annual return of 10.04% over the past 20 years, outperforming the market by 2.52% annually. A $1000 investment in PSA 20 years ago would be worth $6,771.14 today. The company's market capitalization stands at $52.39 billion.
December 26, 2023 | 2:00 pm
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Public Storage has shown strong long-term performance with an average annual return of 10.04% over 20 years, significantly outperforming the market.
The historical performance data provided for Public Storage indicates a strong track record of growth, which may instill confidence in investors about the company's stability and potential for continued growth. This positive long-term performance is likely to have a favorable impact on investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100