$1000 Invested In This Stock 10 Years Ago Would Be Worth $18,000 Today
Portfolio Pulse from Benzinga Insights
Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 10 years by 23.47% on an annualized basis, producing an average annual return of 33.02%. If an investor had bought $1000 of CDNS stock 10 years ago, it would be worth $17,548.77 today.
October 13, 2023 | 7:00 pm
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CDNS has shown strong performance over the past 10 years, outperforming the market by 23.47% on an annualized basis. This could indicate a strong and stable investment.
The article highlights the strong performance of CDNS over the past 10 years, which has outperformed the market by 23.47% on an annualized basis. This strong performance indicates a stable and potentially profitable investment, which could attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100