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Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,600 Today

Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 5 years by 25.91% on an annualized basis producing an average annual return of 35.93%. Currently, Cadence Design Sys has a market capitalization of $42.85 billion.

Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 5 years ago, it would be worth $4,646.83 today based on a price of $155.39 for CDNS at the time of writing.

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