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Paycom stock is down close to 50% since last summer. Is PAYC a buy?
In this video, I will talk about Paycom (PAYC 1.24%), which is down 50% since last year's high, explain why that happened, and why there might still be a bright future for the company and stock.
*Stock prices used were from the trading day of Jan. 5, 2024. The video was published on Jan. 8, 2024.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Paycom Software. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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