Here's How Much $100 Invested In Cadence Design Systems 15 Years Ago Would Be Worth Today

Cadence Design Systems (NASDAQ:CDNS) has outperformed the market over the past 15 years by 17.18% on an annualized basis producing an average annual return of 29.38%. Currently, Cadence Design Systems has a market capitalization of $80.46 billion.

Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 15 years ago, it would be worth $4,777.36 today based on a price of $293.33 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.