Can CDNS Stock Sustain its Rally After Gaining 12% in a Month?
Cadence(CDNS) ZACKS·2024-11-15 22:45
Shares of Cadence Design Systems (CDNS) have risen 12.3% in the past month, compared with the sub-industry and the Zacks Computer and Technology sector’s returns of 4.7% and 3.4%, respectively. The S&P 500 Index has returned 3.2% in the same period.The stock has also outperformed its peers. In the past month, shares of Synopsys, Inc (SNPS) and ANSYS Inc (ANSS) have gained 5.9% and 3.6%, respectively, while Keysight Technologies, Inc (KEYS) has lost 2.8%. One-Month Price PerformanceImage Source: Zacks Invest ...