Paychex: Valuation Makes Sense, Overselling May Attract Buying Volume

It has been nearly four months since my previous coverage on Paychex, Inc. ( PAYX ). At that time, I thought it already had a good run due to overpricing and bearish signals. True enough, the stockI have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I foc ...