Jim Cramer Says Paychex Stock Is Too Low on March 4, 2026

Jim Cramer thinks Paychex stock is undervalued, saying it "should not be this low." This is a change from recent market prices.
By Newsroom | Finance, Stock Market |

On March 4, 2026, during his Mad Money program, Jim Cramer expressed that Paychex (PAYX) is a sound business whose current market valuation is unwarranted. He indicated a desire to purchase the stock at $17, emphasizing its status as a "good company" that "should not be this low." This assessment was part of a broader discussion of various stocks and market conditions.

Cramer's commentary on Paychex emerged during the "Lightning Round" segment of Mad Money, where he fields rapid-fire stock inquiries. He also mentioned other companies, including Accenture (ACN), stating it also "shouldn't be that low," and Affirm (AFM), which he favored, advising viewers to "pull the trigger." Conversely, he advised against purchasing Regency Centers (PEG) and expressed dissatisfaction with his charitable trust's holding in Home Depot (HD), despite recommending it for purchase at current levels due to anticipated interest rate cuts.

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Beyond individual stock recommendations, Cramer touched upon broader market signals. He interpreted the oil market's reaction as an indication that the conflict involving Iran might not escalate into a prolonged disruption of crude supplies, suggesting this as a bullish sign for equities. He also interviewed CrowdStrike CEO George Kurtz, discussing artificial intelligence and the company's prospects.

In other financial news concerning Paychex, the company has been noted for its social responsibility initiatives. It is included in the iShares USA ESG Select ETF (SUSA), representing 0.10% of the fund. Paychex also offers an annualized dividend of $4.32 per share, with a recent ex-dividend date of January 28, 2026.

The discussions surrounding Paychex occurred within the context of a market actively reacting to geopolitical events and evolving economic indicators, including expectations of potential interest rate reductions. The media mentions from March 4, 2026, reflect a moment where a prominent financial commentator perceived a disconnect between a company's perceived intrinsic value and its market price.

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Frequently Asked Questions

Q: What did Jim Cramer say about Paychex stock on March 4, 2026?
Jim Cramer said on his Mad Money show that Paychex (PAYX) is a good company and its current stock price is too low. He suggested he would want to buy it at $17 per share.
Q: Why does Jim Cramer think Paychex stock is undervalued?
Cramer believes Paychex is a sound business but its market value is not correct. He stated that the company "should not be this low" during the 'Lightning Round' segment on March 4, 2026.
Q: What other stocks did Jim Cramer discuss on March 4, 2026?
Besides Paychex, Cramer also commented on Accenture, saying it was also too low. He liked Affirm and advised buying it. He did not recommend Regency Centers and was unhappy with Home Depot despite its current price.
Q: What broader market signals did Cramer mention on March 4, 2026?
Cramer saw the oil market's reaction as a sign that the Iran conflict might not hurt oil supplies for long, which is good for stocks. He also discussed artificial intelligence with the CEO of CrowdStrike.
Q: Is Paychex a company that pays dividends?
Yes, Paychex offers an annualized dividend of $4.32 per share. The most recent ex-dividend date was January 28, 2026.