Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years by 1.97% on an annualized basis producing an average annual return of 12.72%. Currently, Automatic Data Processing has a market capitalization of $88.60 billion.
Buying $100 In ADP: If an investor had bought $100 of ADP stock 15 years ago, it would be worth $596.80 today based on a price of $215.21 for ADP at the time of writing.
Automatic Data Processing’s Performance Over Last 15 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
