Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It

Cadence Design Systems (CDNS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of hardware and software products for validating chip designs have returned +12.1% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Computer - Software industry, to which Cadence belongs, has gained 5.4% over this period. Now the key question is: Whe ...