's Chart of the Day - Cadnece Design Systems
Jim Van Meerten - - Mon Mar 11, 9:29AM CDT
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 CDNS - Cadence Design Sys

The Barchart Chart of the Day belongs to the software company Cadence Design Systems (CDNS). I found the stock by sorting Barchart's New All Time High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts of consistent price appreciation. Since the Trend Spotter signaled a buy in 1/17 the stock gained 30.67%.

Cadence is the largest supplier of electronic design technologies, methodology services, and design services. Cadence solutions are used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronics-based products. With approximately 4,800 employees and 2003 revenues of approximately $1.1 billion, Cadence has sales offices, design centers, and research facilities around the world.


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