1 Beaten-Down Software Stock to Buy on the Dip

While 11% revenue growth isn't terrible, it's a far cry from what Paycom investors are used to. Excluding the early pandemic when layoffs and furloughs were the norm, Paycom has historically managed a revenue growth rate of 30% or higher. This highly profitable software company is finally trading at an attractive valuation. Since the stock peaked in late 2021, payroll and human resources software provider Paycom (PAYC 1.02%) has been a disaster for investors. Shares are down a whopping 74% from that all-tim ...