$1000 Invested In This Stock 10 Years Ago Would Be Worth $16,000 Today

Synopsys SNPS has outperformed the market over the past 10 years by 20.9% on an annualized basis producing an average annual return of 31.78%. Currently, Synopsys has a market capitalization of $94.36 billion.

Buying $1000 In SNPS: If an investor had bought $1000 of SNPS stock 10 years ago, it would be worth $15,722.86 today based on a price of $615.83 for SNPS at the time of writing.

Synopsys's Performance Over Last 10 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.