Professional
Added to YB: 2024-07-11
Pitch date: 2024-06-30
CDNS [neutral]
Cadence Design Systems, Inc.
+16.47%
current return
Author Info
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Company Info
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions.
Market Cap
$93.3B
Pitch Price
$307.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Software
Category
N/A
Show full summary:
Artisan Developing World Fund Portfolio Holding: Cadence Design Systems, Inc.
CDNS: Semiconductor design/simulation co. Lower revenue volatility due to scale & recurring model. High margins less impacted by industry downturns. 'Correlation stock' with reduced outcome range, complementing higher-risk portfolio picks. Steady performer in varied market conditions.
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