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

Rating:
Buy ADP
up 525.87 %

Automatic Date Processing (ADP)

Posted on: Tuesday,  Dec 23, 2008  12:49 AM ET by Kiplinger 2009: 8 Stocks to Ring In the New Year

Kiplinger 2009: 8 Stocks to Ring In the New Year rated Buy Automatic Data Processing, Inc. (NASDAQ: ADP) on 12/20/2008, when the stock price
was $12.47. Since then, Automatic Data Processing, Inc. has gained 525.87% as of 11/03/2015's recent price of $78.03.
If you would have followed this Kiplinger 2009: 8 Stocks to Ring In the New Year's recommendation on ADP, you would have gained 525.87% of your investment in 2509 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.

Stocks are cheap. But with the economy in recession, we concentrate on household names that will hold up no matter how bad things get. You can see how Kiplinger recommendations performed in 2008: http://www.gainerstoday.com/investor/kiplinger-2008
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/20/2008 4:00 PM Buy
None
12.47
as of 12/31/2008
1 Week up  1.27 %
1 Month up  0.79 %
3 Months   
1 YTD up  0.79 %

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