Paychex, Inc. (PAYX) vs. ADP and PAYC: Can Its Dividend Moat and Recurring Revenue Strength Restore Investor Confidence?

Is PAYX a good stock to buy? We came across a bullish thesis on Paychex, Inc. on Quality At A Fair Price’s Substack by Longacres Finance. The thesis was published on August 25^th, when the stock was trading at $124.99, and PAYX has slipped since then. The decline appears to reflect concerns about slower growth and unchanged earnings guidance. In this article, we will summarize the bulls’ thesis on PAYX. Paychex, Inc.’s share was trading at $118.81 as of October 22^nd 2026. PAYX’s...