Cadence Design Systems’ (CDNS) stock is continuing its upward trajectory with a gain of 50.7% in the year past year compared with the S&P 500 Composite’s growth of 25.4%.Cadence offers products and tools that help customers design electronic products. The company’s core electronic design automation software and services enable engineers to develop different types of ICs.CDNS’ performance is being driven by the healthy demand for its diversified product portfolio across all segments.Image Source: Zacks Inves ...