Since IPO Paycom has been a multibagger stock, at one point 20x or more
The recent earnings report crashed the stock to 2018/2019 levels.
My impression of Paycom is that it has always been a well run, profitable company with solid client retention, but I know competition and Artificial intelligence is a threat
I admit that I still need to put in the hours of research before I decide to pull the trigger on buying it or not, but I was wondering what people’s opinions are on buying it around $150 per share
With that revenue guidance, I’m not sure if this is the beginning of a slow decline for the stock