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Is It Time to Buy the Dip on Paycom Stock?
PAYCPaycom Software(PAYC) The Motley Fool·2023-12-27 15:45

Paycom Software (PAYC 0.35%) has been a perennial wealth creator. The cloud-based payroll-software provider has delivered a staggering 30% annualized return since its initial public offering (IPO) in 2014 (1,170% overall). That has absolutely pulverized the S&P 500's return (155% or 10.1% annualized). However, Paycom stock has fallen on hard times this year. Shares have lost one-third of their value over the past year and plunged 45% from their 52-week high. That has been an abysmal performance compared to ...