Friday, May 4, 2012

Investopedia: ADP A-OK ... And Everybody Knows It

As I've said recently in relation to McDonald's (NYSE:MCD), Coca-Cola (NYSE:KO) and Nestle (OTCBB:NSRGY), top-notch companies are a mixed blessing for investors - great to hold for years at a time once you own them, but very hard to ever buy at a notable discount. Automatic Data Processing (Nasdaq:ADP) fits that bill as well, as even the most negative or bearish analysts still seem to go out of their way to affirm their respect for the company, its strategy and management.

Read more here:
http://stocks.investopedia.com/stock-analysis/2012/ADP-A-OK--And-Everyone-Knows-It-ADP-PAYX-INTU-ATHN0504.aspx

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