NasdaqGS:SNPSSoftware
Is Synopsys (SNPS) Pricing Look Stretched After Recent Share Price Swings And NVIDIA Partnership
If you are wondering whether Synopsys at around US$437.45 is giving you fair value for the risk you are taking, you are asking the right question and this article is going to stay focused on exactly that.
The stock has recently been mixed, with a 4.4% gain over the last 7 days, a 16.7% decline over 30 days, and year to date and 1 year returns of 8.9% and 17.3% declines respectively, set against longer term 3 year and 5 year returns of 16.4% and 50.5%.
These moves are coming in the context of...