Syeda Seirut Javed
2 min read
In This Article:
Paychex, Inc. (NASDAQ:PAYX) is one of the 11 stocks Jim Cramer put under the microscope recently. Discussing the stock’s recent decline, Cramer said:
“What the heck happened to the stock of Paychex today? Payroll processor and outsource human capital management company that cuts one out of every 11 paychecks in the private sector. This morning, Paychex reported what the Street thought to be a mixed quarter. In-line earnings paired with oh-so slightly lower than expected revenue, which would’ve been fine but… people thought that maybe their full year forecast for revenue, little light…
A man in a suit presenting HR Solutions to a satisfied corporate client.
Paychex (NASDAQ:PAYX) provides human capital management services covering payroll processing, human resources support, employee benefits, insurance solutions, and retirement plan administration. The company primarily serves small and mid-sized businesses.
While we acknowledge the potential of PAYX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
