Public Storage (NYSE:PSA) has outperformed the market over the past 15 years by 2.58% on an annualized basis producing an average annual return of 9.51%. Currently, Public Storage has a market capitalization of $57.79 billion.
Buying $100 In PSA: If an investor had bought $100 of PSA stock 15 years ago, it would be worth $392.59 today based on a price of $329.23 for PSA at the time of writing.
Public Storage's Performance Over Last 15 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.