If You Invested $1000 In This Stock 20 Years Ago, You Would Have $16,000 Today

Synopsys SNPS has outperformed the market over the past 20 years by 7.89% on an annualized basis producing an average annual return of 15.19%. Currently, Synopsys has a market capitalization of $69.67 billion.

Buying $1000 In SNPS: If an investor had bought $1000 of SNPS stock 20 years ago, it would be worth $16,000.52 today based on a price of $458.10 for SNPS at the time of writing.

Synopsys's Performance Over Last 20 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.