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Is Automatic Data Processing (ADP) A Better Stock Than PAYX and WDAY

Is ADP a good stock to buy? We came across a bullish thesis on Automatic Data Processing, Inc. on Contrarian Indicator’s Substack by Cameron Fen. In this article, we will summarize the bulls’ thesis on ADP. Automatic Data Processing, Inc.'s share was trading at $253.31 as of July 16th. ADP’s trailing and forward P/E were 23.93 and 21.10 respectively according to Yahoo Finance.

[caption id="attachment_518068" align="aligncenter" width="750"] Copyright: welcomia / 123RF Stock Photo[/caption]

Automatic Data Processing, Inc. provides cloud-based human capital management (HCM)...