Cadence Design Systems, Inc.
Synopsys (NASDAQ: SNPS), one of the leaders in electronic design automation (EDA) software, has performed extremely well for its shareholders over the past few years, and is currently sitting just below its 52-week high. With tech stocks being hit-or-miss this year, how should you play this one going into its earnings report on May 22? Does this one have more in the gas tank, or has Synopsys reached its limit more »
With chipmakers usually in the tech sector spotlight, it’s easy to ignore the companies that provide support for this industry. Yet the companies that provide software for designing complex integrated circuits are an important part of the production process. One company that provides software and hardware support for electronics companies is growing earnings at a steady clip, and furthermore appears quite undervalued at the moment. Cadence Design Systems (NASDAQ: CDNSmore »)
Searching for good investments is difficult when you're physically far away from the markets. I live in Israel and don't have the daily intimate discussion of the American economy, newspapers and financial TV buzzing and humming around me.
This may turn to be an unexpected advantage if you think about it. I can look at stocks in a different way and tell you what I found.
They say more »