If You Invested $100 In This Stock 15 Years Ago, You Would Have This Much Today – Cadence Design Systems (NASDAQ:CDNS)

Cadence Design Systems CDNS has outperformed the market over the past 15 years by 17.91% on an annualized basis producing an average annual return of 30.33%. Currently, Cadence Design Systems has a market capitalization of $90.47 billion.

Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 15 years ago, it would be worth $5,401.82 today based on a price of $329.79 for CDNS at the time of writing.

Cadence Design Systems’s Performance Over Last 15 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.