Get Rich With This Boring but Unstoppable Stock
Do you enjoy investing? Or is it merely a means to an end?
It's fine if you're a so-called market junkie, following the market's daily headlines and keeping a constant eye out for the next hot story stock. There's also nothing wrong with a boring, passive approach to picking stocks. Indeed, often times the "less is more" crowd ends up with better returns than active investors.
There's a largely overlooked name more investors might want to consider adding to their portfolio regardless of their long-term goals and risk tolerances. Shares of boring payroll processor outfit Automatic Data Processing (NASDAQ: ADP) are up an incredible 240% for the past 10 years, with more of the same likely in the cards for the next 10.
Source Fool.com
Automatic Data Processing Inc Stock
€227.60
0.040%
Our community is currently high on Automatic Data Processing Inc with 5 Buy predictions and 1 Sell predictions.
As a result the target price of 248 € shows a slightly positive potential of 8.96% compared to the current price of 227.6 € for Automatic Data Processing Inc.
