Validea’s guru fundamental report for CADENCE DESIGN SYSTEMS INC (CDNS) shows that it rates highest using the Twin Momentum Investor model. This strategy, based on Dashan Huang’s approach, combines fundamental and price momentum. CDNS is a large-cap growth stock in the Software & Programming industry, with a rating of 94% based on underlying fundamentals and valuation. The stock passes both fundamental and twelve minus one momentum tests, receiving a final rank of pass. Dashan Huang, an Assistant Professor of Finance, developed the Twin Momentum strategy, which has shown market outperformance by combining fundamental and price momentum. Validea is an investment research service that follows the strategies of investment legends like Warren Buffett and Peter Lynch.

Read more at Nasdaq: CDNS Quantitative Stock Analysis | Nasdaq