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We added 1 stock to our Tech Stock Watchlist today because they are receiving Bullish Sentiment from investors and financial bloggers.
In addition, they are generating positive media buzz and/or have insider trading signals which came to our attention. This list below is subject to change on a daily basis, so please be sure you subscribe to our email newsletter.
Cadence Design, CDNS
Summary: Cadence Design Systems Inc. offers products and tools that help customers to design electronic products. Through System Design Enablement (SDE) strategy the company offers software, hardware, services and reusable IC design blocks (IPs) to electronic systems and semiconductor customers.Cadence's core electronic design automation (EDA) software and services enable engineers to develop different types of ICs. Its design IP's are directly integrated into the ICs.System Connect tools and services are used for the design, analysis and verification of PCBs. Further, System Integration solutions aid in designing and analyzing systems as well as verifying system functionality.
- Last Price: $206.00
- Price Change: $2.72, 1.34%
- Yearly Gain: 22.48%
- Market Cap: $56.03B
- P/E Ratio: 65.843
Here are 3rd party ratings for CDNS:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 24% (59 out of 249)
What is the sentiment on the street regarding Cadence Design ? (Current ratings compiled by TipRanks.com)
- News Sentiment: Very Bullish
- Blogger Consensus: Bullish
- Media Buzz: Medium
- Insider Signal: Neutral
- Investor Sentiment: Very Positive
- Hedge Fund signal: Positive
If you are interested in CDNS or any stocks within the Technology sector, you might want to click here and check out this report. The stock market is extremely volatile, and you need to do your own research on CDNS before you decide to make any investment.
Click here for chart >>
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