Automatic Data Processing: Buy This Dividend King Near All-Time Highs?
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Automatic Data Processing (ADP) is a stable investment option due to its strong revenue and EPS growth, driven by client acquisitions and high retention rates. Its 50-year dividend growth streak and share repurchase program add value for long-term investors.
November 17, 2024 | 11:30 am
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ADP's strong revenue and EPS growth, driven by client acquisitions and high retention rates, along with a 50-year dividend growth streak, make it a stable investment option.
ADP's strong financial performance, driven by client acquisitions and high retention rates, indicates a positive outlook. The 50-year dividend growth streak and share repurchase program further enhance its attractiveness to investors, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100