CDNS Stock Recent News
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Last month, my AI-powered stock-picking system, MarketMaster AI, awarded Nvidia (NASDAQ: NVDA ) a C-rated “hold” grade. Analysts were still raising their earnings estimates for the chipmaker, which was enough to offset the bearish pressure of high valuations.
In the most recent trading session, Cadence Design Systems (CDNS) closed at $326.50, indicating a +1.37% shift from the previous trading day.
Zero or low-debt stocks have gained popularity recently as they avoid additional financial costs associated with debt servicing. Companies without interest payments on loans have more funds to return to shareholders, potentially leading to higher stock prices.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence's broad and close collaboration with Samsung Foundry includes technology advancements to accelerate design for AI and 3D-IC semiconductors.
Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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Cadence Design Systems (CDNS) closed the most recent trading day at $296.18, moving +0.6% from the previous trading session.
Cadence (CDNS) concludes the acquisition of Switzerland-based BETA CAE Systems International AG, which specializes in offering engineering simulation solutions.
Cadence Design Systems (CDNS) concluded the recent trading session at $286.15, signifying a -0.06% move from its prior day's close.