Here's How Much You Would Have Made Owning Automatic Data Processing Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 20 years by 1.74% on an annualized basis, producing an average annual return of 9.4%. If an investor had bought $100 of ADP stock 20 years ago, it would be worth $603.98 today.
July 07, 2023 | 3:01 pm
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ADP has shown strong performance over the past 20 years, outperforming the market and providing an average annual return of 9.4%. This historical performance may attract investors.
The news highlights the strong historical performance of ADP over the past 20 years. This kind of positive performance is likely to attract investors, potentially driving up the stock price in the short term.
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