| July 7th | 2020 1:00AM
As Small Businesses Try to Recover so Too Does Paychex (NASDAQ:PAYX)
We sometimes hear an economy referred to as a Goldilocks economy, not too hot, not too cold. At the individual stock level, Paychex (NASDAQ:PAYX) can be considered a Goldilocks company - not too exciting, but not all that boring either.
The fortunes of the Rochester, New York-based payroll services provider are largely tied to the success of small businesses.