$1000 Invested In This Stock 10 Years Ago Would Be Worth $16,000 Today
Portfolio Pulse from Benzinga Insights
Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market over the past decade, with an average annual return of 31.98%. A $1000 investment in CDNS 10 years ago would now be worth approximately $15,960.37. The article highlights the power of compounded returns over time.
October 30, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cadence Design Systems has outperformed the market with a 31.98% average annual return over the past 10 years. A $1000 investment 10 years ago would be worth $15,960.37 today.
The article highlights the strong historical performance of CDNS, which has significantly outperformed the market. This positive historical performance may attract more investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100