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home / news releases / PSTG - Pure Storage: The Good And The Bad

PSTG - Pure Storage: The Good And The Bad

Pure Storage Inc. Class A

2023-04-09 01:28:47 ET

Summary

  • Among technology stocks, Pure Storage belongs to the "boring" pile, but it has done extremely well for itself as a business.
  • The company's march toward profitability was slow but steady.
  • The company has been able to achieve growth through a clean balance sheet, but its SBC has been quite dilutive.
  • The company faces intense competition in its core offerings, and the next wave of growth could be much harder.
  • PSTG stock will be on my radar, and I would be a buyer under certain scenarios.

For further details see:

Pure Storage: The Good And The Bad
Stock Information
Company Name: Pure Storage Inc. Class A
Stock Symbol: PSTG
Market: NYSE
Website: purestorage.com
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