If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,400 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Synopsys (NASDAQ:SNPS) has delivered an average annual return of 30.13%, outperforming the market by 20.43%. A $100 investment in SNPS a decade ago would be worth $1,406.01 today. Synopsys currently has a market cap of $82.40 billion.
December 04, 2023 | 9:00 pm
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POSITIVE IMPACT
Synopsys has significantly outperformed the market with a 30.13% average annual return over the past decade, turning a $100 investment into $1,406.01.
The historical performance of Synopsys is indicative of strong growth and market outperformance. This track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's success and could attract more investors looking for proven long-term growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100