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SLIDESHOW: Top 10 Analyst Rated Technology Stocks
By ETF Channel Staff, updated Fri, June 2, 8:56 PM
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#10: Cadence Design Systems Inc (NASDAQ:CDNS)
Cadence Design Systems provides solutions that enable customers to design products. Co.'s product offerings include software, hardware, services and reusable integrated circuit (IC) design blocks, which are referred to as intellectual property (IP). Co. also provides maintenance for its software, hardware, and IP product offerings. Co. groups its products into categories, including Custom IC Design and Simulation, which is used to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency designs; Digital IC Design and Signoff; Functional Verification; IP; and System Interconnect and Analysis. 
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CDNS Average Broker Rec.
 
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Strong Buy (3.58 out of 4) 60th percentile
(ranked higher than approx. 60% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com |
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| Avg. Broker Rec.
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Strong Buy (3.58 out of 4) 60th percentile
(ranked higher than approx. 60% of all stocks covered)
Analysts Forecast: CDNS Price Target Based on data provided by Zacks Investment Research via Quandl.com |
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