Is Paycom Stock a Buy?

Is Paycom Stock a Buy?
Nicholas Rossolillo, The Motley Fool

Paycom Software (NYSE: PAYC) has been a cloud software investor favorite for good reason. COVID-19 has accelerated changes in the ways organizations manage their workforces, and Paycom looks poised to continue benefiting from the migration to digital tools that help simplify and automate redundant tasks. According to research tool Noonum, Paycom competes against other small firms like Paylocity, larger HR software companies like Workday and Paychex, and elements of diversified software giants ADP, SAP, and Oracle.