If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,400 Today
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 10 years, delivering an average annual return of 13.18%. A $1000 investment in ADP 10 years ago would be worth $3,424.27 today. The article highlights the power of compounded returns over time.
July 24, 2024 | 6:00 pm
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Automatic Data Processing (NASDAQ:ADP) has significantly outperformed the market over the past decade, with an average annual return of 13.18%. A $1000 investment 10 years ago would now be worth $3,424.27.
The article highlights ADP's strong historical performance and the power of compounded returns, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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