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
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
Toolfriend
2021-02-01 18:55:54 +0000 UTCI 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.
File
2021-01-07 13:57:36 +0000 UTCThanks Tom!
EV Bike Dude
2021-01-06 22:35:15 +0000 UTCDips short term are not that important to me tbh
Generico Fakero
2021-01-06 18:46:41 +0000 UTCI think so
Generico Fakero
2021-01-06 18:46:19 +0000 UTCPaylocity 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
2021-01-06 18:46:06 +0000 UTCI did mean long term and let me explain.
Generico Fakero
2021-01-06 18:40:52 +0000 UTCHope no one entered yesterday... lol
Supa Donkey
2021-01-06 18:17:29 +0000 UTCgood entry point today with that dip eh?
Yap Zm
2021-01-06 15:09:00 +0000 UTCThink he means 10-15% upside today not long term
Beno
2021-01-05 23:16:06 +0000 UTCThank you for sharing. :)
Tom L
2021-01-05 21:26:57 +0000 UTC10-15% 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?
EV Bike Dude
2021-01-05 11:04:14 +0000 UTC
