$1000 Invested In This Stock 10 Years Ago Would Be Worth $16,000 Today
Portfolio Pulse from Benzinga Insights
Synopsys (NASDAQ:SNPS) has significantly outperformed the market over the past decade, delivering an average annual return of 31.78%. A $1000 investment in SNPS 10 years ago would be worth $15,722.86 today. The article highlights the power of compounded returns over time.
June 17, 2024 | 9:30 pm
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Synopsys has outperformed the market with an average annual return of 31.78% over the past decade. A $1000 investment 10 years ago would now be worth $15,722.86, showcasing the power of compounded returns.
The article highlights Synopsys's strong historical performance and the significant growth of an initial investment over 10 years. This positive historical performance is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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