Automatic Data Processing: Still Expensive Given Macro Headwinds

Shares of Automatic Data Processing, Inc. ( ADP ) have been a poor performer over the past year, losing about 15% of their value and missing out on a market rally. The combination of a slowing jobs marketOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosure: I/we have n ...