$100 Invested In Cadence Design Sys 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 20 years by 7.37% on an annualized basis, producing an average annual return of 15.1%. If an investor had bought $100 of CDNS stock 20 years ago, it would be worth $1,662.68 today.
August 14, 2023 | 4:30 pm
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Cadence Design Sys has shown strong performance over the past 20 years, outperforming the market and providing an average annual return of 15.1%.
The article highlights the strong performance of Cadence Design Sys over the past 20 years, which has outperformed the market by 7.37% on an annualized basis. This historical performance could potentially attract more investors, positively impacting the stock price in the short term.
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