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Cadence Design Systems (CDNS)

(Delayed Data from NSDQ)

$258.52 USD

258.52
4,062,310

-4.51 (-1.71%)

Updated Oct 18, 2024 04:00 PM ET

After-Market: $258.93 +0.41 (0.16%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value D Growth B Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 24% (60 out of 250)

Industry: Computer - Software

Better trading starts here.

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3 Software Stocks to Watch for in a Challenging Industry

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Guidewire Software's (GWRE) Cyence Solution Used by At-Bay

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Cadence Design Systems (CDNS) Gains As Market Dips: What You Should Know

In the latest trading session, Cadence Design Systems (CDNS) closed at $164.27, marking a +0.75% move from the previous day.

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Reasons to Retain Maxar (MAXR) Stock in Your Portfolio For Now

Maxar Technologies (MAXR) expects to benefit from higher demand for the company's 3D and other innovative geospatial products. Stiff competition and a leveraged balance sheet are major concerns.

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4 Oversold High-Quality Tech Picks Amid Market Volatility

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PTC's Onshape-Arena Connection Enables Product Development

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Cadence (CDNS) Launches Verisium AI Verification Platform

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    Best Momentum Stocks to Buy for September 15th

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    Cadence Design Systems (CDNS) Gains But Lags Market: What You Should Know

    Cadence Design Systems (CDNS) closed the most recent trading day at $167.23, moving +0.19% from the previous trading session.