If You Invested $1000 In This Stock 10 Years Ago, You Would Have $15,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Synopsys (NASDAQ:SNPS) has delivered an average annual return of 30.91%, turning a $1000 investment into $14,546.33. With a current market capitalization of $83.10 billion, SNPS has significantly outperformed the market by 20.35% on an annualized basis.
April 29, 2024 | 9:30 pm
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Synopsys has shown remarkable growth over the past decade, with a $1000 investment growing to $14,546.33, reflecting an annual return of 30.91%.
The significant outperformance of Synopsys over the past decade, as highlighted by its annualized return exceeding the market average by 20.35%, suggests a strong positive impact on its stock price in the short term. This historical performance, coupled with a substantial market capitalization, indicates robust financial health and investor confidence, which are likely to continue supporting its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100