$1000 Invested In This Stock 10 Years Ago Would Be Worth $18,000 Today
Portfolio Pulse from Benzinga Insights
Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market over the past decade, delivering an average annual return of 33.1%. A $1000 investment in CDNS 10 years ago would be worth $17,512.17 today. The article highlights the power of compounded returns.
May 30, 2024 | 3:00 pm
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Cadence Design Systems has delivered an impressive average annual return of 33.1% over the past decade, significantly outperforming the market. A $1000 investment 10 years ago would now be worth $17,512.17.
The article highlights the strong historical performance of CDNS, which is likely to positively influence investor sentiment and potentially drive short-term price appreciation.
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