Having Already Dropped 16% This Year, Could ADP’s Stock Drop Further To Pre-2018 Levels?

Having already declined ~18% since the beginning of this year, at the current price of around $140 per share, we believe ADP (NASDAQ: ADP) could see further downside. Why is that? The key is ADP’s stock is still up around 25% since the beginning of 2018, a little over 2 years ago…

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