Reported 23 days ago
Paycom's stock has dropped 70% from its high, presenting a potential buying opportunity for long-term investors despite signs of decelerated sales growth. The company's innovative Beti payroll platform is seen as cannibalizing existing sales but ultimately enhancing customer satisfaction. With impressive free cash flow and a strategic share buyback plan, analysts suggest that this could be a once-in-a-decade chance to invest, although concerns about its current growth trajectory remain.
Source: YAHOO