Automatic Data Processing – $ADP – Confident Investor Rating:Poor
2009-12-22
			
			
			| Company name | Automatic Data Processing | 
| Stock ticker | ADP | 
| Live stock price | [stckqut]ADP[/stckqut] | 
| P/E compared to competitors | Fair | 
| Employee productivity | Good | 
| Sales growth | Poor | 
| EPS growth | Good | 
| P/E growth | Poor | 
| EBIT growth | Poor | 
| Confident Investor Rating | Poor | 
| Target stock price (TWCA growth scenario) | $32.45 | 
| Target stock price (averages with growth) | $39.38 | 
| Target stock price (averages with no growth) | $38.38 | 
| Target stock price (manual assumptions) | $44.33 | 
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock.