Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

10/3/17

Paychex (PAYX) is ringing the register. The Rochester based payment processing company is up 3.5% not far from its 52 week high following better than expected earnings. Paychex also raised its revenue outlook and projected sales growth to 12-14%, up from 8-10% projected earlier.

F5 Networks (FFIV) going the wrong direction. The networking company is down 4% not far from a 52 week low on a downgrade this morning. The stock has suffered quite a selloff since March, when the stock hit a 52-week high of $149.50 a share. Deutsche Bank's Vijay Bhagavath warns that it could lose another 25% in the next year. Bhagavath already rates the stock at a sell. Today, he cut his price target on the network technology vendor from $100 to $90 a share, warning that increased competition and other factors could detract from earnings growth.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.