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Automatic Data Processing, Inc. Message Board

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  • willaby willaby Apr 27, 1999 12:59 AM Flag

    ADP Purchase of Dealer Solutions

    could never figure how ADP could consistantly
    trade at such a high forward PE of almost 40 relative
    to extremely predictable growth of only 12-16% per
    year.

    wife has over 1500 shares from the employee stock plan
    & will hold till retirement many years from here. I
    make her get all she can.

    have traded it a
    couple of occaisions but that was when the pe was well
    below 30.

 
ADP
89.59-0.20(-0.22%)Aug 29 4:00 PMEDT