If You Invested $1000 In This Stock 10 Years Ago, You Would Have $15,000 Today

Synopsys, Inc. +1.24%

Synopsys, Inc.

SNPS

620.31

+1.24%

Synopsys (NASDAQ:SNPS) has outperformed the market over the past 10 years by 20.35% on an annualized basis producing an average annual return of 30.91%. Currently, Synopsys has a market capitalization of $83.10 billion.

Buying $1000 In SNPS: If an investor had bought $1000 of SNPS stock 10 years ago, it would be worth $14,546.33 today based on a price of $544.76 for SNPS at the time of writing.

Synopsys's Performance Over Last 10 Years

comp_fig

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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