$100 Invested In This Stock 15 Years Ago Would Be Worth $7,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market, with an average annual return of 32.44%. A $100 investment in CDNS 15 years ago would be worth $6,953.59 today. The company's current market capitalization stands at $74.40 billion.
December 01, 2023 | 5:30 pm
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Cadence Design Systems (CDNS) has provided exceptional returns over the past 15 years, with a $100 investment growing to $6,953.59.
The historical performance of CDNS is impressive and highlights the company's strong growth over a significant period. This information, while retrospective, may positively influence investor perception and could lead to increased investor interest in the short term. However, past performance is not always indicative of future results, and investors should consider other factors as well.
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