Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 5 Years


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Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 32.61% on an annualized basis producing an average annual return of 41.91%. Currently, Cadence Design Sys has a market capitalization of $57.10 billion.

Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 5 years ago, it would be worth $5,830.13 today based on a price of $209.01 for CDNS at the time of writing.

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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.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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