5 Best Performing S&P 500 Stocks in the Last 5 Years

4. Synopsys, Inc. (NASDAQ:SNPS)

5 Year Share Price Gains: 475%

Synopsys, Inc. (NASDAQ:SNPS) is an American software company that caters to the needs of the manufacturing industry. Its shares are also rated Strong Buy on average, and analysts have priced in a $35 share price upside through the average share price target of $518.

As of June 2023 end, 57 out of the 910 hedge funds profiled by Insider Monkey were the firm’s shareholders. Synopsys, Inc. (NASDAQ:SNPS)’s largest hedge fund investor is Panayotis Takis Sparaggis’s Alkeon Capital Management as it owns 1.2 million shares that are worth $552 million.

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