ADP, The Perfect AI Stock??? | Dividend Investing

5 months ago
27

ADP does Payroll and HR for medium and large businesses, but aren't they just a DATA company at their core? This is where AI comes in...do you agree with our assessment?

*Links*
*_ADP Q3 10Q_* - https://www.sec.gov/ix?doc=/Archives/edgar/data/8670/000000867024000014/adp-20240331.htm

*_ADP Exhibit99_* - https://s23.q4cdn.com/483669984/files/doc_financials/2024/q3/ADP-3Q24-Earnings-Release.pdf

*_ADP Earnings Release Q3_* - https://investors.adp.com/overview/default.aspx

*_Seeking Alpha ADP AI Article_* - https://seekingalpha.com/article/4683773-automatic-data-processing-ai-technology-strong-us-labor-market

*_ADP Site AI Partner Article_* - https://mediacenter.adp.com/2024-02-22-ADP-R-Offers-AI-Enabled-Partner-Solutions-on-Powerful,-Simple-and-Secure-ADP-Marketplace

*_We may have an interest in these investments. We encourage you to do your own research about each company and make a decision whether or not you want to invest in that particular company for yourself. This video should not be considered financial advice. Do NOT buy a stock just because it was in this video. This video is just our analysis of the stocks we wanted for our dividend-based portfolio._*

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