If You Invested $1000 In This Stock 15 Years Ago, You Would Have $7,000 Today
Portfolio Pulse from Benzinga Insights
Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years, achieving an average annual return of 13.95%. A $1000 investment in ADP 15 years ago would be worth $7,024.17 today, highlighting the power of compounded returns.
September 25, 2024 | 3:30 pm
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Automatic Data Processing (NASDAQ:ADP) has shown strong performance over the past 15 years, with an average annual return of 13.95%, outperforming the market. A $1000 investment 15 years ago would now be worth $7,024.17.
The article highlights ADP's strong historical performance, which may positively influence investor sentiment and attract more interest in the stock, potentially driving the price up in the short term.
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