1 Picks-and-Shovels Stock to Buy to Bet on Supercharged AI Chips

Cadence Design Systems' (CDNS) new virtual artificial intelligence (AI) agent looks poised to be a gamechanger for the tech firm. Given the combination of this product and the already impressive growth of the firm's profits, CDNS stock looks like a buy for growth investors. Also noteworthy is that research firm Wolfe Research recently cited several other compelling reasons to buy CDNS stock. More News from Barchart About Cadence Design Systems The company specializes in developing various verification ...