The semiconductor design company reported excellent financial results.
*Stock prices used were the afternoon prices of Oct. 29, 2024. The video was published on Oct. 31, 2024.
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Cadence Design has demonstrated years of profitable expansion.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cadence Design Systems. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Cadence Design Systems
CDNS
$232.91
(-6.43%)
$-16.00
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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