Overall, however, Mucci said he's pleased with the housing recovery and is seeing a pickup in temporary workers. He was also bullish on the promise of higher interest rates, saying that just a 25-basis-point increase in rates translates into $5 million in additional revenue. Paychex also has a thriving insurance business, which just recently hit $100 million in annual revenue.
Cramer said Paychex' most recent results have reset the expectations of the analysts, which means the company will be poised to beat the numbers next quarter.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer said it's time to have a wake-up call and stop focusing internationally and start focusing on where the money's being made, right here at home.
Cramer said while so many money managers start their days looking at Japan, China and Europe and then focus their afternoons guessing what the
will do next, stocks like
Noodles & Company
are where the real money is at.
IPOs like Noodles have been lost amid the global woes, said Cramer, but anyone could have seen the Onyx acquisition coming with even a bit of homework. "You don't find a Noodles by looking at the yen," he concluded.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC
-- Written by Scott Rutt in Washington, D.C.
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