We came across a bullish thesis on Pure Storage, Inc. on Disruptive analytics’s Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on PSTG. Pure Storage, Inc.’s share was trading at $77.61 as of August 29th. PSTG’s trailing and forward P/E were 190.20 and 41.15 respectively according to Yahoo Finance.
Pure Storage (PSTG) has rewarded investors with strong returns, up 112% over the past two years, though its trajectory has been volatile. The company...
