+ Watch PAYX
on My Watchlist
Paychex provides payroll, human resource, and employee benefits outsourcing for small and medium-sized businesses.
This Company is edging up toward its 52 week high andcould probably underperform. However, there is a definitetrend toward outsourcing human resources in the business world. Small business will lead the way out of the present recession and should create an excellent climate for Paychex. The dividend is still attractive.
As of 2/20ll I now own this stock. I stand by my original pitch and say it is just a matter of time untill small business will come storming back and make owners of this stock proud.
I wonder if PAYX doesn't seem to want to underperform the S%P on purpose? But just barely, and when I followed one of the rating experts SELL signal, I lost out on the last big jump. You never really know who is going to be right. This comment is based on the jump in 2013. I wasn't completely stupid, I only sold half of my position so I'm only half baked now waiting for a buying opportunity.
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