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Why These “Payroll” Stocks Look Interesting Now


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#1 abbyjoseph

abbyjoseph

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Posted 26 September 2014 - 05:16 AM

Very soon we’re going to hear the earnings news straight from the horse’s mouth. Quarterly earnings are beginning to trickle in and even if you aren’t interested in the stocks that you don’t own, corporate reporting is the most important market intelligence you can review.

For years, Paychex, Inc. (PAYX) was one of those companies that continually reported great financial results. It was a growth stock during the technology bubble in the late 1990s, and it made a lot of money for shareholders.

The company hit a wall in terms of its double-digit growth shortly after the technology bubble burst, but what this payroll and benefits outsourcing company has to say about its business conditions is still material to equity investors today.

Read More: http://www.profitcon...interesting-now