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Pure Storage, Inc. (PSTG): A Bull Case Theory

We came across a bullish thesis on Pure Storage, Inc. (PSTG) on Chip Stock Investor’s YouTube Channel. In this article, we will summarize the bulls’ thesis on PSTG. Pure Storage, Inc. (PSTG)'s share was trading at $75.41 as of January 13th. PSTG’s trailing and forward P/E were 198.45 and 35.84, respectively according to Yahoo Finance.

Pure Storage is currently facing investor skepticism following its latest earnings update, with concerns centered on future profitability rather than near term execution. The company provides flash storage-based data servers and software primarily...