$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,400 Today
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has delivered an average annual return of 12.9% over the past 10 years, outperforming the market. A $1000 investment in ADP a decade ago would now be worth $3,402.98. ADP's market capitalization stands at $97.06 billion.
January 08, 2024 | 6:00 pm
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POSITIVE IMPACT
ADP has shown strong performance with a 12.9% average annual return over the past 10 years, significantly growing a $1000 investment to $3,402.98.
The historical performance of ADP is indicative of its strong growth and ability to outperform the market. This positive retrospective analysis is likely to instill confidence in investors, potentially leading to a short-term positive impact on the stock price as it highlights the company's successful track record.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100