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 9.06% over the past 20 years, outperforming the market by 1.36% annually. A $1000 investment in PSA 20 years ago would be worth $5,573.20 today. The company currently has a market capitalization of $48.96 billion.
February 28, 2024 | 4:30 pm
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Public Storage has shown a strong performance over the past 20 years with an average annual return of 9.06%, turning a $1000 investment into $5,573.20 today.
The significant long-term return of Public Storage, as highlighted by the 9.06% average annual return over 20 years, demonstrates the company's strong performance and stability. This historical data is likely to positively influence investor perception and could lead to increased investor confidence in PSA, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100