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

Rating:
Buy ADP
up 458.73 %

Automatic Data Processing Inc. (ADP.2008) upgraded to Buy by Banc of America Sec

Posted on: Friday,  Jul 18, 2008  10:25 AM ET by Banc of America Sec

Banc of America Sec rated Buy Automatic Data Processing, Inc. (NASDAQ: ADP) on 07/18/2008, when the stock price was $13.97.
Since then, Automatic Data Processing, Inc. has gained 458.73% as of 11/03/2015's recent price of $78.03.
If you would have followed this Banc of America Sec's recommendation on ADP, you would have gained 458.73% of your investment in 2664 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.

Integrity, objectivity and originality are cornerstones of the value–added research that we offer to corporate and institutional clients. As thought leaders, our goal is to help clients understand and adapt to changing economic conditions and events that drive markets, currencies, industries and companies worldwide. And we deliver innovative ideas based on rigorous primary research, sound principles and clear vision. Our research teams are organized by areas of expertise, from equities, fixed income and emerging markets to foreign exchange and global financial risk advisory – featuring many of the industry’s most respected analysts and economists. Through our private, password–protected Web portal, our clients have access to a comprehensive array of timely research and commentary, including: * U.S. and global economic updates and indicators * Federal budget and fiscal policy * Industry outlooks * Stock coverage and picks * Financial market strategies * Corporate bond issuer risk analysis
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/18/2008 10:25 AM Buy
None
13.97
as of 12/31/2008
1 Week up  1.27 %
1 Month down  -5.22 %
3 Months down  -8.57 %
1 YTD down  -6.21 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/26/2008 8:25 AM Hold
None
13.45 13.86

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