Synopsys (NASDAQ:SNPS) has outperformed the market over the past 5 years by 15.6% on an annualized basis producing an average annual return of 28.62%. Currently, Synopsys has a market capitalization of $73.12 billion.
Buying $1000 In SNPS: If an investor had bought $1000 of SNPS stock 5 years ago, it would be worth $3,369.89 today based on a price of $476.03 for SNPS at the time of writing.
Synopsys'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.