Cheap right now with economic slowdown. Will gain speed once we make it through these troubled times. Buy cheap and wait. Good dividend

Payroll Service Co, an excellent alternative to ADP. Operating in the sweet spot of the U.S. economy. You will not get another chance to accumulate a stock with these gross & operating margins at a P/E of 15 again. Keep buying until the the unemployment rate increases at a declining rate.

From a recent Mad Money show:"This is an accidental high yielder, and I do believe you should be buying it on the way down."

4.7 %

3.3%

Sector Perform - Price 33.17 on June 10
by RBC Capital Markets

We're reducing our growth rates for Paychex due to negative impact of rising unemployment [and] weak U.S. economy['s effect] on small business. Increased customer bankruptcies, declining checks per client and slower new-business [pace may] reduce core payroll growth to below its 8% target. Three-year estimated EPS growth: 7.38%. Target 34 assumes 21 times our forward E-EPS, $1.63 (was $1.61). Market cap: $11.9 billion.

Good technology

value & dividends

good track record

Dividend paying stock

2X Growth = Nooooooooo!