ClearBridge Investments initiated a position in Synopsys due to leadership in electronic design software

From Yahoo Finance: 2025-04-08 10:39:00

ClearBridge Investments released its first quarter 2025 investor letter, reporting outperformance of its strategy compared to growth indexes amid tariff pressures and economic concerns. The S&P 500 Index declined 4.27%, while the Russell 1000 Growth Index fell 9.97%. Synopsys, Inc. (NASDAQ:SNPS) was highlighted as a key stock pick, with a one-month return of -11.56% and a market cap of $58.895 billion. ClearBridge praised Synopsys for its leadership in electronic design automation software and custom chip designs, seeing potential in its high-margin business model and growth avenues. Hedge funds favor Synopsys, but see greater promise in AI stocks for higher returns.



Read more at Yahoo Finance: Here’s Why ClearBridge Large Cap Growth Strategy Initiated a Position in Synopsys (SNPS)