Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 15 years by 19.77% on an annualized basis producing an average annual return of 33.1%. Currently, Cadence Design Sys has a market capitalization of $83.43 billion. Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 15 years ago, it would be worth $69,751.71 today based on a price of $306.45 for CDNS at the time of writing. Cadence Design Sys’s Performance Over Last 15 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded re…