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$100 Invested In This Stock 15 Years Ago Would Be Worth $700 Today

Author: Benzinga Insights | June 24, 2024 10:30am

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years by 1.26% on an annualized basis producing an average annual return of 13.88%. Currently, Automatic Data Processing has a market capitalization of $101.46 billion.

Buying $100 In ADP: If an investor had bought $100 of ADP stock 15 years ago, it would be worth $705.33 today based on a price of $247.88 for ADP at the time of writing.

Automatic Data Processing's Performance Over Last 15 Years

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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.

Posted In: ADP