Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Synopsys (NASDAQ:SNPS) has outperformed the market over the past 20 years by 8.57% on an annualized basis producing an average annual return of 16.51%. Currently, Synopsys has a market capitalization of $89.39 billion.
Buying $100 In SNPS: If an investor had bought $100 of SNPS stock 20 years ago, it would be worth $2,131.72 today based on a price of $586.01 for SNPS at the time of writing.
Synopsys'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.
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