Jim Cramer on Bill Ackman: Give Him an ADP Board Seat
Billionaire investor Bill Ackman thinks ADP has much more potential, even though its stock has outperformed the S&P 500 in recent years.
ADP (ADP) - Get Report should give billionaire activist investor Bill Ackman a board seat, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
Cramer interviewed Ackman on Wednesday's edition of CNBC's Mad Money.
"What he just said is [ADP] is massively underperforming what it could do," Cramer said. "Bill correctly points out that the revenue per employee is not that great."
ADP shares are up 9% since the start of the year.
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