Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 10 years by 2.96% on an annualized basis producing an average annual return of 13.8%. Currently, Automatic Data Processing has a market capitalization of $109.21 billion.
Buying $1000 In ADP: If an investor had bought $1000 of ADP stock 10 years ago, it would be worth $3,651.31 today based on a price of $267.80 for ADP at the time of writing.
Automatic Data Processing's Performance Over Last 10 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.