William Blair Remains Bullish on CBIZ, Inc. (CBZ)

CBIZ, Inc. (NYSE:CBZ) is one of the top oversold NYSE stocks to buy now. On July 24, William Blair analyst Andrew Nicholas reiterated a bullish stance on CBIZ, Inc. (NYSE:CBZ), giving the stock a Buy rating without assigning a price target.

Is CBIZ, Inc. (CBZ) the Best Breakout Stock to Buy According to Analysts?

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The analyst supported his positive rating with the company’s strategic cost management and resilience, stating that CBIZ, Inc. (NYSE:CBZ) managed to maintain its full-year guidance while battling challenges such as tariff uncertainties, geopolitical tensions, and reduced government funding.

According to the analyst, CBIZ, Inc. (NYSE:CBZ) has the potential to offset revenue pressure through solid cost control measures, including a reduction in discretionary spending and incentive compensation. This has resulted in an improvement in the company’s adjusted EPS and adjusted EBITDA margin.

CBIZ, Inc. (NYSE:CBZ) functions as a professional services advisor to middle-market businesses and organizations nationwide. The company’s services span tax, accounting, benefits, advisory, technology, and insurance. Its operations are divided into the following segments: Financial Services, Benefits and Insurance Services, and National Practices.

While we acknowledge the potential of CBZ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CBZ and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.