$1000 Invested In This Stock 15 Years Ago Would Be Worth $27,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Synopsys (NASDAQ:SNPS) has significantly outperformed the market, with an average annual return of 24.56%. A $1000 investment in SNPS 15 years ago would now be worth $27,072.77. Synopsys currently has a market cap of $75.90 billion.
January 19, 2024 | 6:30 pm
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POSITIVE IMPACT
Synopsys has demonstrated strong long-term performance with an average annual return of 24.56% over the past 15 years, significantly outpacing the market.
The historical performance of Synopsys 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 strong track record. However, past performance does not guarantee future results, and investors may also consider current market conditions and future prospects before making investment decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100