Pure Storage Jumps 70% YTD: Should the Stock Be in Your Portfolio?

Pure Storage, Inc’s (PSTG) shares have been performing well on the trading front, with a gain of 69.5% year to date (YTD). 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 45%, 32.4% and 27.4%, respectively.YTD Price PerformanceImage Source: Zacks Investment ResearchClosing at $60.2 ...