Cadence Design Systems (NASDAQ:CDNS) has outperformed the market over the past 5 years by 15.16% on an annualized basis producing an average annual return of 30.18%. Currently, Cadence Design Systems has a market capitalization of $87.59 billion.
Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 5 years ago, it would be worth $383.10 today based on a price of $319.29 for CDNS at the time of writing.
Cadence Design Systems'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.
