Here's How Much $100 Invested In Paychex 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Paychex (NASDAQ:PAYX) has outperformed the market by 1.8% on an annualized basis, producing an average annual return of 12.11%. If an investor had bought $100 of PAYX stock 10 years ago, it would be worth $309.95 today. The company currently has a market capitalization of $44.72 billion.
August 11, 2023 | 2:00 pm
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Paychex has shown strong performance over the past decade, outperforming the market and providing an average annual return of 12.11%. This historical performance may attract investors.
The news highlights the strong performance of Paychex over the past decade, which has outperformed the market. This could potentially attract more investors to the stock, driving up demand and potentially the stock price in the short term.
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