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Automatic Data Processing, Inc. (ADP) [hlAlert]

Rating:
Buy ADP
up 295.27 %

Automatic Data Processing, Inc. (ADP) rated Buy by Goldman

Posted on: Friday,  Oct 5, 2012  8:25 AM ET by Goldman

Goldman rated Buy Automatic Data Processing, Inc. (NASDAQ: ADP) on 10/05/2012, when the stock price was $19.74. Since
then, Automatic Data Processing, Inc. has gained 295.28% as of 11/03/2015's recent price of $78.03.
If you would have followed this Goldman's recommendation on ADP, you would have gained 295.27% of your investment in 1124 days.

Automatic Data Processing, Inc. (ADP) is engaged in providing business outsourcing solutions. ADP offers a range of human resource (HR), payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to automotive, heavy truck, motorcycle, marine and recreational vehicle dealers globally. The Company?s segment includes Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. Employer Services offers a range of HR information, payroll processing, tax and benefits administration solutions and services, including traditional and Web-based outsourcing solutions, that assist approximately 540,000 employers in the United States, Canada, Europe, South America (primarily Brazil), Australia and Asia to staff, manage, pay and retain their employees. In November 2009, the Company announced the purchase of HRinterax, Inc.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/5/2012 8:25 AM Buy
None
19.74
as of 12/31/2012
1 Week down  -0.95 %
1 Month up  0.33 %
3 Months down  -4.83 %
1 YTD down  -4.83 %

(*) Stock Price at the time of the recommendation.
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