Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 20 years by 8.28% on an annualized basis producing an average annual return of 16.72%. Currently, Cadence Design Sys has a market capitalization of $74.98 billion. Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 20 years ago, it would be worth $2,192.95 today based on a price of $273.82 for CDNS at the time of writing. Cadence Design Sys’s Performance Over Last 20 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 retur…