Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market over the past 20 years, delivering an average annual return of 16.84%. A $1000 investment in CDNS 20 years ago would be worth $22,165.65 today. The article highlights the power of compounded returns over time.
June 19, 2024 | 8:30 pm
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Cadence Design Systems has outperformed the market over the past 20 years with an average annual return of 16.84%. A $1000 investment 20 years ago would be worth $22,165.65 today.
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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