$10K Invested In Cadence Design Systems In 2014 Is Worth This Much Today

<div style=”float: left; margin-right: 18px; margin-bottom: 18px; width: 100%”><div style=”float: left; margin-right: 18px; width: 175px;”><img src=”https://mmjstockwatch.com/wp-content/uploads/2019/02/warren-buffett-wikicommons.jpg”><div style=”font-size:6pt; color: #888888″>Photo credit: <a href=”https://commons.wikimedia.org/wiki/Category:Warren_Buffett” style=”text-decoration:none; font-size:6pt; color:#888888″>commons.wikimedia.org</a></div></div> ”I buy on the assumption that they could close the market the next day and not reopen it for five years.” — Warren Buffett</div><div style=”clear:both”><div style=”margin-left: 4px; margin-bottom: 12px; text-align: center; vertical-align: middle; padding: 18px; background-color: #FFFF99; border: 1px dotted #666666; font-family: ‘Trebuchet MS’; font-size: 16pt;”><a target=”_new” style=”color: #0000ED; font-weight: bold;” href=”https://www.dividendchannel.com/top-dividend-paying-stocks/”>Click Here For The Top Dividend Paying Stocks 2014-2019 »</a></div>The investment philosophy practiced by Warren Buffett calls for investors to take a long-term horizon when making an investment, such as a five year holding period (or even longer), and reconsider making the investment in the first place if unable to envision holding the stock for at least five years. Today, we look at how such a long-term strategy would have done for investors in Cadence Design Systems Inc (<a href=”https://www.dividendchannel.com/history/?symbol=cdns”>NASD: CDNS</a>) back in 2014, holding through to today. <table width=”100%” border=”0″ cellspacing=”0″ cellpadding=”3″ bgcolor=”FFFFFF”><tr><td class=”menuoff” colspan=”3″ style=”padding:0px; margin:0px;”>CDNS 5-Year Return Details</td></tr> <tr> <td style=”margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Start date:</td> <td align=”right” style=”margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>05/16/2014</td> <td rowspan=”11″ style=”margin:0px; border-left: 1px solid #DDDDDD;background: -moz-linear-gradient(top, #feffff 0%, #ddf1f9 35%, #a0d8ef 100%);background: -webkit-linear-gradient(top, #feffff 0%,#ddf1f9 35%,#a0d8ef 100%);background: linear-gradient(to bottom, #feffff 0%,#ddf1f9 35%,#a0d8ef 100%);filter: progid:DXImageTransform.Microsoft.gradient( startColorstr=’#feffff’, endColorstr=’#a0d8ef’,GradientType=0 );” valign=”bottom” align=”right” width=”125″> <table border=”0″ cellspacing=”0″ cellpadding=”0″ style=”font-size:11pt”> <tr><td valign=”bottom” align=”center” style=”font-size:10pt; margin:0px; vertical-align: bottom;”>$10,000 <img src=”https://mmjstockwatch.com/wp-content/uploads/2019/02/mmjline.gif” width=”45″ height=”150″ style=”width:45px; height:150px;”> 05/16/2014</td><td> </td><td valign=”bottom” align=”center” style=”font-size:10pt”>$43,787 <img src=”https://mmjstockwatch.com/wp-content/uploads/2019/02/mmjline.gif” width=”45″ height=”300″ style=”width:45px; height:300px;”> 05/15/2019</td></tr></table> </td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>End date:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>05/15/2019</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Start price/share:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>$15.70</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>End price/share:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>$68.74</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Starting shares:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>636.94</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Ending shares:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>636.94</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Dividends reinvested/share:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>$0.00</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Total return:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>337.83%</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Average annual return:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>34.36%</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Starting investment:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>$10,000.00</td> </tr> <tr> <td style=”height: 30px; margin:0px; text-align: left; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>Ending investment:</td> <td align=”right” style=”height: 30px; margin:0px; text-align: right; padding: 6px; background-color: #FFFFFF; border-bottom: 1px solid #CCCCCC; font-size: 13px;”>$43,787.48</td> </tr> </table>As we can see, the five year investment result worked out exceptionally well, with an annualized rate of return of 34.36%. This would have turned a $10K investment made 5 years ago into $43,787.48 today (as of 05/15/2019). On a total return basis, that’s a result of 337.83% (something to think about: how might CDNS shares perform over the next 5 years?). [These numbers were computed with the <a href=”https://www.dividendchannel.com/”>Dividend Channel </a><a href=”https://www.dividendchannel.com/drip-returns-calculator/”>DRIP Returns Calculator</a>.]Another great investment quote to think about: ”The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you’re wrong.” — William O’Neil<div style=”margin-top: 12px; margin-left: 4px; text-align: center; vertical-align: middle; padding: 18px; background-color: #FFFF99; border: 1px dotted #666666; font-family: ‘Trebuchet MS’; font-size: 16pt;”><a target=”_new” style=”color: #0000ED; font-weight: bold;” href=”https://www.dividendchannel.com/slideshows/warren-buffett-dividend-stocks/”>SLIDESHOW: Warren Buffett Dividend Stocks »</a></div>

$10K Invested In Cadence Design Systems In 2014 Is Worth This Much Today

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$10K Invested In Cadence Design Systems In 2014 Is Worth This Much Today

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Staff MMJStockWatch

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