$100 Invested In Automatic Data Processing 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has delivered an average annual return of 12.82% over the past 10 years, outperforming the market by 3.01% on an annualized basis. A $100 investment in ADP a decade ago would be worth $330.79 today. ADP's market capitalization currently stands at $94.69 billion.
December 01, 2023 | 3:00 pm
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Automatic Data Processing (ADP) has shown strong performance with a 12.82% average annual return over the past 10 years, turning a $100 investment into $330.79.
The historical performance of ADP as highlighted in the article suggests a strong track record, which could instill confidence in investors and potentially lead to a positive short term impact on the stock price. The emphasis on compounded returns over a long period may attract investors looking for stable long-term investments.
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