$100 Invested In This Stock 15 Years Ago Would Be Worth $700 Today
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years, producing an average annual return of 14.19%. If an investor had bought $100 of ADP stock 15 years ago, it would be worth $705.12 today. The company currently has a market capitalization of $102.77 billion.
October 16, 2023 | 4:30 pm
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POSITIVE IMPACT
ADP's strong performance over the past 15 years indicates a solid track record. This could potentially attract more investors, positively impacting the stock price in the short term.
The news highlights ADP's strong performance over the past 15 years, which is a positive signal to investors. This could potentially lead to increased demand for the stock, driving up the price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100