If You Invested $1000 In This Stock 5 Years Ago, You Would Have $4,800 Today

Synopsys (NASDAQ:SNPS) has outperformed the market over the past 5 years by 27.12% on an annualized basis producing an average annual return of 36.86%. Currently, Synopsys has a market capitalization of $67.28 billion.

Buying $1000 In SNPS: If an investor had bought $1000 of SNPS stock 5 years ago, it would be worth $4,833.32 today based on a price of $442.20 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.