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Stock impact report

Jim Cramer Provides the “Bear Case” for Paychex, Inc. (PAYX) [Yahoo! Finance]

Paychex, Inc. (PAYX) 
Last paychex, inc. earnings: 3/25 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: investor.paychex.com
Company Research Source: Yahoo! Finance
amid a sliding macro environment . Cramer highlighted the CEO's thoughts on the company as he said: I'm calling it the macro morass. That's what we're experiencing right now with so many not-so-hot stocks of very good companies. Case in point, two companies that we heard from during yesterday's show, Paychex and Generac. Let's take them one at a time so I can show you how the macro morass affects you and me. John Gibson is the eloquent CEO of Paychex, a no-nonsense representative of a payroll processor that's been on the show virtually since we went on the air. Told a story of strong growth with a terrific acquisition of Paycor, which has helped them beef up their medium-sized business offerings. John emphasized that, despite what you might think, business is very strong, with a portion of the economy that is doing very well. Small and medium-sized businesses are Paychex's bread and butter. They're also the backbone of the economy, and they're much less hostage to problems oversea Show less Read more
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