By Mill Chart
Last update: Mar 21, 2024
Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if CADENCE DESIGN SYS INC (NASDAQ:CDNS) is suited for quality investing. Investors should of course do their own research, but we spotted CADENCE DESIGN SYS INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.
ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.
Taking everything into account, CDNS scores 7 out of 10 in our fundamental rating. CDNS was compared to 280 industry peers in the Software industry. CDNS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CDNS is valued quite expensive, but it does show an excellent growth. These ratings could make CDNS a good candidate for growth and quality investing.
Our latest full fundamental report of CDNS contains the most current fundamental analsysis.
More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
CADENCE DESIGN SYS INC
NASDAQ:CDNS (4/19/2024, 5:43:05 PM)
After market: 280.25 0 (0%)280.25
-5.65 (-1.98%)
Why Quality Investors May Find CADENCE DESIGN SYS INC (NASDAQ:CDNS) Attractive.
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