Here's How Much You Would Have Made Owning Synopsys Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Synopsys (NASDAQ:SNPS) has significantly outperformed the market, with an annualized return of 24.11% and an average annual return of 37.01%, growing a $1000 investment to $4,574.96. The company now boasts a market capitalization of $84.72 billion.

May 14, 2024 | 3:00 pm
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POSITIVE IMPACT
Synopsys has demonstrated exceptional growth over the past 5 years, with a significant outperformance against the market, indicating strong company performance and investor confidence.
The detailed performance metrics provided, including the annualized return of 24.11% and an average annual return of 37.01%, directly reflect on Synopsys's operational success and market position. The substantial growth in investment value from $1000 to $4,574.96 over five years highlights the company's strong financial health and the potential for continued investor confidence. Given these factors, the short-term impact on SNPS stock is likely positive, as historical performance can often influence investor perception and stock demand.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100