If You Invested $100 In This Stock 20 Years Ago, You Would Have $700 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Public Storage (NYSE:PSA) has delivered an average annual return of 9.92%, outperforming the market by 2.55% annually. A $100 investment in PSA 20 years ago would be worth $667.53 today. Public Storage currently has a market cap of $52.51 billion. The article highlights the impact of compounded returns on investment growth over time.
January 08, 2024 | 6:30 pm
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Public Storage has shown strong performance with a 9.92% average annual return over 20 years, turning a $100 investment into $667.53 today.
The historical performance data provided for Public Storage indicates a strong track record of returns, which could positively influence investor sentiment and potentially attract long-term investors. However, past performance is not always indicative of future results, and the information is retrospective rather than forward-looking, which may limit its impact.
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