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Automatic Data Processing, Inc. (ADP): A Bull Case Theory

We came across a bullish thesis on Automatic Data Processing, Inc. (ADP) on Pacific Northwest Edge’s Substack by David. In this article, we will summarize the bulls’ thesis on ADP. Automatic Data Processing, Inc. (ADP)'s share was trading at $304.67 as of Nov 25th. ADP’s trailing and forward P/E were 32.55 and 30.40 respectively according to Yahoo Finance.

[caption id="attachment_612738" align="aligncenter" width="750"] Pixabay/Public Domain[/caption]

Automatic Data Processing (ADP) stands as a cornerstone in the world of workforce management, offering mission-critical...