- Cadence Design Systems offers a large range of services across semiconductors, applications software development, and other IT services.
- While not an ultra-high growth SaaS company, with feet in the water across much of the Tech industry, Cadence is set to continue its trajectory.
- As long as other companies continue designing new tech, and clients or consumers continue using that tech, Cadence is a low-risk, high-reward company.
- With that, I will be adding this company to my long-term slow accumulation portfolio due to this profile.
For further details see:
Cadence Design Systems: Semis Meet Applications Software, Resulting In Stable Earnings Growth