Pure Storage Jumps 39% Year to Date: What Lies Ahead for the Stock?

Pure Storage, Inc's (PSTG) shares have been performing well on the trading front, with a gain of 38.7% year to date. Headquartered in Mountain View, CA, Pure Storage provides software-defined all-flash solutions that are uniquely fast and cloud-capable for its customers. The stock has outperformed its sub-industry, the Zacks Computer and Technology sector and the S&P 500 composite's growth of 34.6%, 23.7% and 20.6%, respectively. YTD Price Performance Image Source: Zacks Investment Research Closing at $49.4 ...