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If You Invested $100 In This Stock 15 Years Ago, You Would Have $500 Today

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years by 4.25% on an annualized basis producing an average annual return of 11.06%. Currently, Automatic Data Processing has a market capitalization of $95.71 billion.

Benzinga · 07/27/2022 12:42

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years by 4.25% on an annualized basis producing an average annual return of 11.06%. Currently, Automatic Data Processing has a market capitalization of $95.71 billion.

Buying $100 In ADP: If an investor had bought $100 of ADP stock 15 years ago, it would be worth $487.34 today based on a price of $229.10 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.