AndreyPopov Automatic Data Processing (NASDAQ:ADP) is a company that fits squarely into Peter Lynch's definition of Stalwarts: companies that grow earnings reliably at 10-12% a year and "are good friends in a crisis". The company has an extraordinary track record of value creation over many decades and I explain below why I think they can continue to grow revenue and earnings over the coming years and maintain pre-eminence within their industry. But I think the market is currently valuing ADP fairly, or per ...