Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Cadence Design Systems (NASDAQ:CDNS) has produced an average annual return of 16.64%, outperforming the market by 8.78% annually. With a current market capitalization of $77.61 billion, an initial investment of $100 in CDNS 20 years ago would now be worth $2,202.34. This showcases the significant impact of compounded returns on investment growth over time.

April 26, 2024 | 5:00 pm
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Cadence Design Systems has shown remarkable growth over the past 20 years, with an average annual return of 16.64%, significantly outperforming the market.
The article highlights Cadence Design Systems' exceptional performance over the last two decades, emphasizing its ability to generate substantial returns for investors. This historical performance, coupled with its current market capitalization of $77.61 billion, suggests a strong and stable company. Such a track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it underscores the company's long-term value creation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100