Cadence Design Sys (NASDAQ:CDNS) has outperformed the market over the past 10 years by 20.8% on an annualized basis producing an average annual return of 31.98%. Currently, Cadence Design Sys has a market capitalization of $79.14 billion. Buying $1000 In CDNS: If an investor had bought $1000 of CDNS stock 10 years ago, it would be worth $15,960.37 today based on a price of $289.01 for CDNS at the time of writing. Cadence Design Sys’s Performance Over Last 10 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…