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$100 Invested In Synopsys 5 Years Ago Would Be Worth This Much Today – Synopsys (NASDAQ:SNPS) – Stocks to Watch
  • Fri. May 3rd, 2024

$100 Invested In Synopsys 5 Years Ago Would Be Worth This Much Today – Synopsys (NASDAQ:SNPS)

ByBenzinga Insights

Mar 15, 2023
Where Nevro Stands With Analysts

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Synopsys SNPS has outperformed the market over the past 5 years by 25.92% on an annualized basis producing an average annual return of 33.44%. Currently, Synopsys has a market capitalization of $55.87 billion.

Buying $100 In SNPS: If an investor had bought $100 of SNPS stock 5 years ago, it would be worth $423.53 today based on a price of $366.82 for SNPS at the time of writing.

Synopsys’s Performance Over Last 5 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.

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Image and article originally from www.benzinga.com. Read the original article here.