Is Paycom Software Stock a Buy Now?

Paycom's (PAYC -1.36%) stock soared to a record high of $550.61 during the peak of the growth stock rally on Nov. 2, 2021. That marked a 3,571$14 per share on April 15, 2014 -- but it now trades at about $200.Therefore, a$1,000 investment in the online payroll services provider's IPO would have briefly grown to over $39,000 before shrinking back to about$14,000. That's still an astounding 10-year gain, but is Paycom's stock still worth buying today? Why did the bulls love Pa ...