PAYCHEX INC. (PAYX) Stocks

ABOUT PAYCHEX INC.

Paychex Inc. is an American provider of human resource, payroll, and benefits outsourcing services.  Paychex Inc. offers its services to small – medium business across the U.S and Europe.  Paychex Inc.  has over 100 available offices which serves roughly 670,000 payroll clients in the above-mentioned service areas.

OVERVIEW OF PAYCHEX INC.

• Paychex Inc. was founded in 1971, 50 years ago.
• Paychex Inc. is headquartered in Rochester, New York.
• Paychex Inc. serves a large area worldwide, namely the United States, Germany, Brazil, Denmark, Norway and Sweden.

VISION & VALUES OF PAYCHEX INC.

• The Paychex Inc.’s vision statement reads as follows:  “We will be the leading provider of payroll, human resource, and employee benefit services by being an essential partner with America’s businesses.”

MARKET PERFORMANCE OF PAYCHEX INC.

• Paychex Inc. trades on NASDAQ stock market and lists under the stock symbol PAYX.
• Paychex Inc. also trades as a S&P 500 component.
• Paychex Inc. has previously listed on the Fortune 500.
• Price:38, Year Low: 74.1, Year High: 118.22

LATEST NEWS PAYCHEX INC.

Buy PAYCHEX INC. stocks / shares – A Step by Step Guide how to Buy / Purchase PAYCHEX INC. Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy PAYCHEX INC. Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.  Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN PAYCHEX INC. STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE PAYCHEX INC. STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of PAYCHEX INC. stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

• Is it the best time to buy this stock / share?
• Should I buy PAYCHEX INC. stocks / shares in the current economic climate?
• Can I afford to buy this stock / share?
• What is the forecast of the stock / share growth?
• What is the current price per earning ration on the stock / share?