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

We came across a bullish thesis on Automatic Data Processing, Inc. on Compounding Dividends’s Substack by TJ Terwilliger. In this article, we will summarize the bulls’ thesis on ADP. Automatic Data Processing, Inc.'s share was trading at $214.47 as of February 20th. ADP’s trailing and forward P/E were 29.05 and 26.53, respectively according to Yahoo Finance. LPL Financial Holdings Inc. (LPLA) Delivers Growth and Analyst Support Automatic Data Processing, Inc. (ADP) is the undisputed leader in the global ...