Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 20 Years

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 20 years by 8.1% on an annualized basis producing an average annual return of 15.66%. Currently, Cadence Design Sys has a market capitalization of $79.66 billion.

Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 20 years ago, it would be worth $18,449.91 today based on a price of $292.80 for CDNS at the time of writing.

Cadence Design Sys's Performance Over Last 20 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.