$100 Invested In This Stock 10 Years Ago Would Be Worth $400 Today
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has delivered an average annual return of 13.76% over the past 10 years, outperforming the market by 3.4% annually. A $100 investment in ADP a decade ago would be worth $362.85 today, showcasing the impact of compounded returns on investment growth. ADP's current market capitalization stands at $99.81 billion.
April 18, 2024 | 4:30 pm
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Automatic Data Processing (ADP) has shown significant growth over the past decade with an average annual return of 13.76%, turning a $100 investment into $362.85 today.
The article highlights ADP's strong performance over the past decade, significantly outperforming the market. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for ADP's stock in the short term. The emphasis on compounded returns further underscores the company's ability to generate value for its investors over time.
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