ADP (ADP) vs. PAYC and PAYX: Can Recurring Revenue and Buybacks Offset Slower Growth?

Is ADP a good stock to buy? We came across a bullish thesis on Automatic Data Processing, Inc. on Astute Optics – US’s Substack. The thesis was published on September 11^th, when the stock was trading at $268.26, and ADP gained 0.97% since then. The modest gain may reflect continued confidence in ADP’s steady earnings outlook and payroll demand, supported by improving private-sector hiring, rather than a clear new company-specific catalyst. In this article, we will summarize the...