$1000 Invested In Cadence Design Sys 5 Years Ago Would Be Worth This Much Today

Cadence Design Sys CDNS has outperformed the market over the past 5 years by 23.44% on an annualized basis producing an average annual return of 34.86%. Currently, Cadence Design Sys has a market capitalization of $81.12 billion.

Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 5 years ago, it would be worth $4,634.48 today based on a price of $297.58 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.