Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Cadence Design Sys (NASDAQ:CDNS) has significantly outperformed the market, with an average annual return of 33.1%, turning a $1000 investment into $69,751.71. The company now has a market capitalization of $83.43 billion.
March 13, 2024 | 9:30 pm
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Cadence Design Sys has shown remarkable performance over the last 15 years with an average annual return of 33.1%, significantly boosting its market capitalization to $83.43 billion.
The historical performance of Cadence Design Sys over the past 15 years, with an average annual return of 33.1%, highlights the company's strong growth and operational success. This impressive track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price. The significant increase in market capitalization to $83.43 billion further underscores the company's value and growth over time.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100