$1000 Invested In Cadence Design Sys 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market over the past 15 years, delivering an average annual return of 28.55%. A $1000 investment in CDNS 15 years ago would be worth $43,211.08 today. The article highlights the power of compounded returns over time.
July 24, 2024 | 7:00 pm
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Cadence Design Systems has delivered an impressive average annual return of 28.55% over the past 15 years, significantly outperforming the market. A $1000 investment 15 years ago would now be worth $43,211.08.
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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