Tom Nash
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Blue Chip Stock with 15% Upside
🕑 Added 2021-01-05 09:55:28 +0000 UTCHey Patreon members, please check out this stock. Its an 11B company with really good numbers and fundamentals. This is NOT a penny stock. This is a blue chip for long term holding. The company is a leading provider of cloud-based HR and payroll software and it is trading under PCTY - Paylocity Holding Corporation. Current Price: $200 - Target Price: $220-$230.
Comments
Toolfriend
Hello Tom How about the companies that should be really getting into the green waters now. Like SunPower SPWR Would that be a good investment ? I watch the share price very closely and wonder how does it come to such price fluctuations That would be worth a TOM NASH analysis or? I am proud of what you are doing and wish you all the best , keep it up Because you can see how much fun you make your work Your proud patrion Toolfriend
File
I did. I probably should've waited a bit longer and watched, but I'm with Tom. It shouldn't matter long-term and I plan to hold.
EV Bike Dude
Thanks Tom!
Generico Fakero
Dips short term are not that important to me tbh
Generico Fakero
I think so
Generico Fakero
Paylocity has really good financials, in spite of the pandemic. I see it as a conservative long-term buy. If anything, this dip in the past day is a chance to improve cost basis. I expect a 7% to 10% YoY revenue growth for the next 4-5 years. Beyond that, I see an increased demand for their service. I think that a cloud-based payroll and HCM platform, especially for small to medium businesses is a great niche. I see a $220-$230 price point for this stock.
Generico Fakero
I did mean long term and let me explain.
Supa Donkey
Hope no one entered yesterday... lol
Yap Zm
good entry point today with that dip eh?
Beno
Think he means 10-15% upside today not long term
Tom L
Thank you for sharing. :)
EV Bike Dude
10-15% for long term target? Is that 12 months? No dividend?Unless it's near guaranteed to keep doing 15% pa for a 10 year hold, I'm not seeing the attraction? Is that the idea, 10-15% compounded for 5+ years? How would it compare to e.g. LUMN who give a 10 to 15% dividend?
