Here's How Much $1000 Invested In Cadence Design Sys 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 15 years, producing an average annual return of 27.03%. If an investor had bought $1000 of CDNS stock 15 years ago, it would be worth $34,260.09 today.
September 27, 2023 | 5:30 pm
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Cadence Design Sys has shown strong performance over the past 15 years, with an average annual return of 27.03%. A $1000 investment 15 years ago would be worth $34,260.09 today.
The article highlights the strong performance of Cadence Design Sys over the past 15 years, which has outperformed the market by 17.75% on an annualized basis. This strong performance indicates a positive impact on the company's stock price.
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