$1000 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 outperformed the market over the past 10 years with an average annual return of 13.8%, resulting in a $1000 investment growing to $3,651.31. The article highlights the power of compounded returns.
August 21, 2024 | 9:00 pm
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Automatic Data Processing (NASDAQ:ADP) has delivered an impressive average annual return of 13.8% over the past decade, outperforming the market. A $1000 investment 10 years ago would now be worth $3,651.31.
The article highlights ADP's strong performance over the past decade, with returns surpassing the market average. This positive historical performance may boost investor confidence and interest in ADP, potentially driving the stock price up in the short term.
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