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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day: Breakout Time For Cadence Design?

Cadence Cadence Design Systems CDNS
Cadence Design Systems Inc.

Cadence Design Systems, Inc. (NASDAQ:CDNS) shares are lower Monday. They have found resistance around $325 again.

But they may be on the verge of a breakout. This is why our technical analysis team has made it our Stock of the Day.

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