$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,400 Today
Portfolio Pulse from Benzinga Insights
Public Storage (NYSE:PSA) has outperformed the market over the past 20 years with an average annual return of 9.67%, resulting in a $1000 investment growing to $6,427.19. The company currently has a market capitalization of $55.15 billion.
August 13, 2024 | 3:00 pm
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Public Storage (NYSE:PSA) has significantly outperformed the market over the past 20 years, with an average annual return of 9.67%. A $1000 investment 20 years ago would be worth $6,427.19 today.
The article highlights the strong historical performance of PSA, which could attract more investors and positively impact the stock price in the short term.
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