BUY
There was a technical breakdown yesterday, falling below all its moving averages. The wild card, though, is its exposure to China: 13% of revenues.
Technology
BUY
He bought Cadence last week. It's a defensive play on the semi value chain. They provide chip design software and consulting services aimed at enhancing production efficiency. This area is more insulated to slowing capex. Companies are seeking more efficient, next-generation chips. Yes, Cadence is more expensive than others, but it's highly defensive given high free cash flow.
Technology
BUY
They make design tools that make microchips. Earnings are growing at 20%.
Technology
BUY
They make design tools that make microchips. Earnings are growing at 20%.
Technology
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Cadence Design Systems(CDNS-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Cadence Design Systems is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cadence Design Systems(CDNS-Q) Frequently Asked Questions

What is Cadence Design Systems stock symbol?

Cadence Design Systems is a American stock, trading under the symbol CDNS-Q on the NASDAQ (CDNS). It is usually referred to as NASDAQ:CDNS or CDNS-Q

Is Cadence Design Systems a buy or a sell?

In the last year, 4 stock analysts published opinions about CDNS-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cadence Design Systems.

Is Cadence Design Systems a good investment or a top pick?

Cadence Design Systems was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cadence Design Systems.

Why is Cadence Design Systems stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cadence Design Systems worth watching?

4 stock analysts on Stockchase covered Cadence Design Systems In the last year. It is a trending stock that is worth watching.

What is Cadence Design Systems stock price?

On 2023-02-03, Cadence Design Systems (CDNS-Q) stock closed at a price of $185.85.