Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 26.65% on an annualized basis producing an average annual return of 39.21%. Currently, Cadence Design Sys has a market capitalization of $83.12 billion.
Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 5 years ago, it would be worth $530.94 today based on a price of $305.31 for CDNS at the time of writing.
Cadence Design Sys's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.