Workflow
A Once-in-a-Decade Opportunity: 1 Super Growth Stock Down 70% to Buy and Hold Forever
PAYCPaycom Software(PAYC) The Motley Fool·2024-09-15 22:30

Here's why investors should consider Paycom following its alarming share price drop. Typically, value hunting among stocks that have plummeted more than 70% at any given point in their history can be dangerous. History suggests that winning stocks keep winning and that investors would be better off "watering their flowers and digging up their weeds." However, there are exceptions to this notion. Take Paycom (PAYC 1.09%) and its human capital management (HCM) software-as-a-service (SaaS) solutions, for examp ...