SNPS We see this asset as a strong long term growth choice, with great recurring revenue. Additionally we view the demand for their services as sustainable over the long term , due to the diversity and health of their client base. Other growth drivers include the Microsoft azure partnership, for the first of a kind cloud based EDA software, which is quite difficult given the intense compute power EDA technologies take to run.
*we do not currently hold any position in this company. This is not advice, or a recommendation to buy, hold , or sell any securities.*