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Opinions Darren Sissons
PaychexPAYXTOP PICKMay 15, 2014
Darren SissonsStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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Premium contentPaychex, inc. (nasdaq: payx) is a leading provider of integrated human capital management solutions for payroll, hr, retirement, and insurance services. by combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. backed by 45 years of industry expertise, paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 american private sector employees.
Since 1995, has returned 14% annually. Margins have been growing as they've grown beyond payroll processing among small/medium-sized businesses, which offer growth. They benefitted from higher interest rates. He continues to buy it, though it's currently expensive. They project 6-8% revenue growth but will be hit if the economic weakens or rates decline.
David Driscoll
David DriscollDavid Driscoll
A payroll processing company that is leveraged to the small and medium-size market. Leveraged to interest rates because of the payroll float it carries. Higher interest rates would be a catalyst for a higher range. Almost no debt. Good dividend of 3.46% that grows over time. A safe and steady slow growing story.