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

Rating:
Buy ADP
up 510.04 %

Automatic Data Processing, Inc. (ADP) rated Buy with price target $96 by Argus

Posted on: Tuesday,  Nov 3, 2015  8:25 AM ET by Argus

Argus rated Buy Automatic Data Processing, Inc. (NASDAQ: ADP) on 11/03/2015. Previously Argus rated Buy Automatic Data Processing, Inc. (NASDAQ: ADP) on
02/05/2009., when the stock price was $12.79. Since then, Automatic Data Processing, Inc. has gained 510.05% as of 11/03/2015's recent price of $78.03.
If you would have followed the previous Argus's recommendation on ADP, you would have gained 510.04% of your investment in 2462 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2015 8:25 AM Buy
None
86.76 96.00
as of 8/27/2015
1 Week down  -2.81 %
1 Month down  -7.95 %
3 Months down  -11.31 %
1 YTD up  192.64 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2015 2:25 PM Buy
None
86.76 98.00
1/3/2014 8:25 AM Buy
None
26.40 29.04
2/6/2013 9:25 AM Buy
None
20.04 22.44
2/1/2011 8:25 AM Buy
None
16.14 17.82
11/2/2010 8:25 AM Buy
None
14.82 17.16
2/5/2009 9:25 AM Buy
None
12.79 14.52

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