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Cadence Design Systems, Inc. (CDNS)

(Delayed Data from NSDQ)

$133.74 USD

133.74
2,497,282

-8.41 (-8.90%)

Updated Mar 3, 2021 04:00 PM ET

Pre-Market: $134.50 +0.76 (0.57%) 9:02 AM ET

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 Buy24.41%
2Buy17.88%
3Hold9.48%
4Sell5.03%
5Strong Sell1.87%
S&P50010.70%

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2-Buy of 5   2      

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.

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F Value D Growth A Momentum D VGM

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%.

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

Bottom 34% (168 out of 254)

Industry: Computer - Software

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Zacks News

Are You Looking for a Top Momentum Pick? Why Cadence Design Systems (CDNS) is a Great Choice

Does Cadence Design Systems (CDNS) have what it takes to be a top stock pick for momentum investors? Let's find out.

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Autodesk (ADSK) fourth-quarter fiscal 2021 results reflect higher subscription revenues, gross margin expansion and lower operating expenses.

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Pure Storage's (PSTG) fiscal fourth-quarter results reflect robust adoption of Pure as-a-Service and Evergreen subscription services. However, coronavirus crisis led business headwinds weigh on growth.

Cadence (CDNS) Beats Earnings and Revenue Estimates in Q4

Cadence's (CDNS) Q4 performance reflects gains from continued momentum in the digital & signoff solutions and Verification Suite along with increasing customer base.

Here's How Cadence (CDNS) Looks Ahead of Q4 Earnings Release

Cadence's (CDNS) fourth-quarter results are likely to reflect the extending clout of Clarity 3D Solver and CloudBurst Platform offerings. However, stiff competition is a headwind.

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Style Box ETF report for JHMM

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Sabre (SABR) Signs New Distribution Deal With Lufthansa Group

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Is Cadence Design Systems (CDNS) Stock Outpacing Its Computer and Technology Peers This Year?

Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?

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Can Nasdaq Exceed 2019 Returns Amid Pandemic? 7 Top Picks

We have narrowed down our search to seven Nasdaq Composite stocks that popped more than 50% year to date. These are NVDA, LRCX, TTD, CDNS, TER, TRMB, SNPS.

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4 Tech Stocks Well Positioned to Make the Most of EV Boom

Increased allegiance to safe and cleaner transportation solutions positions tech companies, including NVIDIA (NVDA), Flex (FLEX), Keysight (KEYS), and Cadence (CDNS), to make the most of growing market interest in EVs.

Is Cadence (CDNS) a Great Growth Stock?

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Cadence (CDNS).

Has Cadence Design Systems (CDNS) Outpaced Other Computer and Technology Stocks This Year?

Is (CDNS) Outperforming Other Computer and Technology Stocks This Year?

Pure Storage (PSTG) Stock Down Despite Q3 Earnings Beat

Pure Storage's (PSTG) fiscal third-quarter results reflect robust adoption of Pure as-a-Service and Evergreen subscription services. However, coronavirus crisis led business headwinds impact growth.

Autodesk (ADSK) Q3 Earnings Top Estimates, Revenues Rise Y/Y

Autodesk (ADSK) third-quarter fiscal 2021 results reflect higher subscription revenues, gross margin expansion and lower operating expenses.

Keysight (KEYS) Q4 Earnings & Revenues Surpass Estimates

Keysight's (KEYS) fiscal fourth-quarter results reflect uptick in 5G test solutions and recovery in demand.

Cadence (CDNS) Up 0.8% Since Last Earnings Report: Can It Continue?

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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