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Benzinga
Benzinga
Business
Benzinga Insights

$100 Invested In This Stock 10 Years Ago Would Be Worth $500 Today

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 10 years by 4.66% on an annualized basis producing an average annual return of 16.62%. Currently, Automatic Data Processing has a market capitalization of $91.58 billion.

Buying $100 In ADP: If an investor had bought $100 of ADP stock 10 years ago, it would be worth $469.83 today based on a price of $219.23 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.

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