Cadence Design Systems Inc vs Digital Realty Trust, Inc. — how do they compare? Cadence Design Systems Inc trades at $377.07 (market cap $104.24B), while Digital Realty Trust, Inc. trades at $173.11 (market cap $65.83B). The key difference: Cadence Design Systems Inc is the larger of the two by market cap, and Digital Realty Trust, Inc. pays a 2.74% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | DLR | |
|---|---|---|
Market Cap | $104.24B | $65.83B |
Sector | Technology | Real Estate |
52-Week High | $416.39 | $203.91 |
52-Week Low | $265.66 | $147.93 |
Enterprise Value | $105.91B | $83.35B |
Dividend Yield | — | 2.74% |
Trailing returns across standard periods
Latest headlines on both assets
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →Digital Realty owns and operates nearly 300 data centers worldwide. It has more than 35 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to cold shells, where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network connections. Digital Realty operates as a real estate investment trust.
Read more on DLR →