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Mon. 18 Jul 2022, 5:00pm ET Benzinga Earnings, News, Dividends

Synopsys (NASDAQ:SNPS) has outperformed the market over the past 10 years by 15.43% on an annualized basis producing an average annual return of 26.46%. Currently, Synopsys has a market capitalization of $47.32 billion.

Buying $100 In SNPS: If an investor had bought $100 of SNPS stock 10 years ago, it would be worth $1,029.73 today based on a price of $309.33 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.