Here's How Much $100 Invested In Cadence Design Systems 20 Years Ago Would Be Worth Today

Cadence Design Systems (NASDAQ:CDNS) has outperformed the market over the past 20 years by 7.63% on an annualized basis producing an average annual return of 16.09%. Currently, Cadence Design Systems has a market capitalization of $87.11 billion.

Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 20 years ago, it would be worth $2,022.69 today based on a price of $317.54 for CDNS at the time of writing.

Cadence Design Systems'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.