Synopsys (NASDAQ:SNPS) has outperformed the market over the past 20 years by 8.36% on an annualized basis producing an average annual return of 17.14%. Currently, Synopsys has a market capitalization of $96.71 billion.

Buying $1000 In SNPS: If an investor had bought $1000 of SNPS stock 20 years ago, it would be worth $23,848.04 today based on a price of $505.50 for SNPS at the time of writing.

Synopsys’s Performance Over Last 20 Years

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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.