If you had invested $1000 in this stock 15 years ago, you would have $7000 today – Automatic Data Processing (NASDAQ:ADP)

Automatic data processing PDP Over the past 15 years, Automatic Data Processing has outperformed the market by 1.9% on an annualized basis, resulting in an average annual return of 13.95%. Today, Automatic Data Processing has a market capitalization of $112.58 billion.

$1000 Purchase at ADP: If an investor had bought $1,000 worth of ADP stock 15 years ago, it would have been worth $7,024.17 today based on a price of $276.05 for ADP at the time of writing.

Performance of automatic data processing over the last 15 years

Finally, what's the point of all this? The key takeaway from this article is to look at the difference that compound returns can make to the growth of your cash over time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.