Here's How Much $1000 Invested In Automatic Data Processing 15 Years Ago Would Be Worth Today

Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 15 years by 1.87% on an annualized basis producing an average annual return of 14.24%. Currently, Automatic Data Processing has a market capitalization of $123.78 billion.

Buying $1000 In ADP: If an investor had bought $1000 of ADP stock 15 years ago, it would be worth $7,226.37 today based on a price of $304.23 for ADP at the time of writing.

Automatic Data Processing's Performance Over Last 15 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.