Here's How Much $100 Invested In Automatic Data Processing 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has delivered an average annual return of 9.3% over the past 20 years, outperforming the market by 1.81% on an annualized basis. A $100 investment in ADP 20 years ago would be worth $593.76 today. ADP's market capitalization currently stands at $95.07 billion.
November 23, 2023 | 2:00 pm
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Automatic Data Processing (ADP) has shown strong long-term performance with an average annual return of 9.3% over 20 years, turning a $100 investment into $593.76.
The historical performance data of ADP indicates a strong track record of returns, which may instill confidence in investors about the company's stability and potential for continued growth. This positive long-term performance is likely to have a favorable impact on investor sentiment in the short term.
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