Here's How Much $1000 Invested In Automatic Data Processing 20 Years Ago Would Be Worth Today

Here's How Much $1000 Invested In Automatic Data Processing 20 Years Ago Would Be Worth Today

 

Automatic Data Processing ADP has outperformed the market over the past 20 years by 2.19% on an annualized basis producing an average annual return of 9.98%. Currently, Automatic Data Processing has a market capitalization of $105.41 billion.

Buying $1000 In ADP: If an investor had bought $1000 of ADP stock 20 years ago, it would be worth $6,529.73 today based on a price of $253.68 for ADP at the time of writing.

Automatic Data Processing's Performance Over Last 20 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.

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