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Shareholders Are Optimistic That Paychex (NASDAQ:PAYX) Will Multiply In Value

By Yahoo! Finance   |   Jun 26, 2024 at 07:06 AM EST
Shareholders Are Optimistic That Paychex (NASDAQ:PAYX) Will Multiply In Value

To identify potential multi-bagger stocks, look for companies reinvesting capital with increasing returns. Paychex (NASDAQ:PAYX) has an impressive 43% Return on Capital Employed (ROCE), outperforming the industry average.

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