Cadence Design Systems Inc vs Tractor Supply Co — how do they compare? Cadence Design Systems Inc trades at $326.51 (market cap $90.20B), while Tractor Supply Co trades at $35.27 (market cap $18.39B). The key difference: Cadence Design Systems Inc is far larger — about 4.9× Tractor Supply Co's market cap, and Tractor Supply Co pays a 2.72% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | TSCO | |
|---|---|---|
Market Cap | $90.20B | $18.39B |
Sector | Technology | Consumer Cyclical |
52-Week High | $416.39 | $62.65 |
52-Week Low | $265.66 | $29.14 |
Enterprise Value | $91.41B | $24.70B |
Dividend Yield | — | 2.72% |
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 →Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,016 of its namesake banners in 49 states and 178 Petsense stores. Stores are typically located in towns outside of urban areas and in rural communities. In fiscal 2021, revenue consisted primarily of livestock and pet (47%), hardware, tools, and truck (21%), and seasonal gift and toy (21%).
Read more on TSCO →