Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 20 years by 8.64% on an annualized basis producing an average annual return of 16.84%. Currently, Cadence Design Sys has a market capitalization of $88.95 billion.
Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 20 years ago, it would be worth $22,165.65 today based on a price of $326.50 for CDNS at the time of writing.
Cadence Design Sys'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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![Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 20 Years](https://d51-invdn-com.investing.com/content/pic8d241893aa6d3dc574c040fbf26fd81e.png)