If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,400 Today

Synopsys SNPS has outperformed the market over the past 10 years by 20.43% on an annualized basis producing an average annual return of 30.13%. Currently, Synopsys has a market capitalization of $82.40 billion.

Buying $100 In SNPS: If an investor had bought $100 of SNPS stock 10 years ago, it would be worth $1,406.01 today based on a price of $541.91 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.