This was the worst single trading day for tech stocks two years -- the worst for the chips segment since 2020.
We start this holiday-shortened trading week on the quiet side, but ultimately is should speak pretty loudly by this time Friday. This is the latest Jobs Week, and one that comes only a week before the next Federal Open Market Committee (FOMC) meeting, where interest rates are expected to come down a week from tomorrow.
ADP (ADP) reported earnings 30 days ago. What's next for the stock?
The ADP stock benefits from its HCM and HRO businesses, global expansion, consistent dividend payments and healthy liquidity position.
Investors looking for stocks in the Outsourcing sector might want to consider either Genpact (G) or Automatic Data Processing (ADP). But which of these two stocks presents investors with the better value opportunity right now?
Automatic Data's (ADP) fourth-quarter fiscal 2024 results benefit from new business bookings and stable growth in pay-per-control.
Automatic Data Processing, The Brink's and Barrett Business Services have been highlighted in this Industry Outlook article.
The Zacks Outsourcing industry is poised for growth as business and IT outsourcing has become increasingly vital. ADP, BCO and BBSI are three stocks that are well-placed to ride the demand strength.
ADP fits Peter Lynch's definition of a Stalwart. The company's market dominance, attractive industry, good management, and growth plans position it well for continued success. Revenue growth, margin expansion, share buybacks and dividends should continue to drive value for shareholders.
You can see it in the pre-market charts: once the Employment Situation numbers for July hit the tape, three of the four major indices fell like a stone. Only the blue-chip Dow, still -0.74% points at this hour, has remained on the table.
Investing in dividend stocks for passive income has long been a desired strategy for income-focused investors. These companies often have decades of experience returning cash to shareholders by distributing a portion of their profits.
Automatic Data Processing is a Dividend Aristocrat emphatically on its way to Dividend King status. The human capital management giant's revenue and adjusted diluted EPS climbed higher in its fiscal Q4. ADP has virtually no debt on its balance sheet and boasts a very capital-light business model.