Companies like Intuit (Nasdaq:INTU) and Paychex (PAYX) have made a fortune by selling to SMBs.
Thomas Golisano, chief executive of Paychex, is close to purchasing one of them, hockey's Buffalo Sabres.
Paychex (PAYX) announced that net income increased by four percent during its most recent quarter.
Analysts generally think investors should stand pat on Paychex, with 17 of 22 analysts rating it hold.
Most of the clients I work with outsource their payroll to companies like ADP and Paychex.
Thomas Golisano, 64, the billionaire founder of payroll processor Paychex (nasdaq: PAYX - news - people ).
Paychex doesn't plan to make the Roth option available until Apr. 1 to the 36, 000 mostly small 401(k) plans it administers.
Paychex (PAYX) reports its second quarter earnings on Wednesday, December 19, 2012.
The consensus estimate is 40 cents per share, up 2.6% from a year ago when Paychex reported earnings of 39 cents per share.
And while Take-Two fell on poor earnings performance, Paychex is stagnant.
Thomas Golisano, 64, the billionaire founder of payroll processor Paychex.
For example, an investor could combine Pfizer ( PFE), Verizon ( VZ), Southern Copper ( SCCO), Simon Property Group ( SPG), Paychex ( PAYX), Maxim Integrated Products ( MXIM) and R.
The major driver of this growth will likely be the result of Paychex up-selling to existing clients and also a potential economic recovery in the United States, which will increase the number of employees at their existing clients.
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