$100 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Cadence Design Systems CDNS has outperformed the market over the past 20 years by 7.29% on an annualized basis producing an average annual return of 15.48%. Currently, Cadence Design Systems has a market capitalization of $72.20 billion.

Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 20 years ago, it would be worth $1,756.07 today based on a price of $263.41 for CDNS at the time of writing.

Cadence Design Systems'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.