Click to Enlarge “Buy”: 4%
The monthly employment data is showing that the jobs market appears to be on the mend. One stock that benefits directly from more people going to work is payroll processor Paychex (PAYX). The stock has a great fundamental story, as revenue and earnings continue to drive the price higher.
To date, PAYX is up more than 23% … but you wouldn’t know it from the analyst recommendations, which only show 4% buy recommendations on the stock. Expect to see the crowd start upgrading this one soon, driving prices even higher.