Paycom Still Has Gas In The Tank

  • Another fast-growing SaaS cloud business platform which keeps on adding modules and functionality.
  • Unlike others, there isn’t much of an effort to up-sell, in an order to focus on customer ROI first.
  • This is a sensible policy, and leaves some levers for later, so despite the already steep valuation, we think the shares have further to run in a benign stock market.

Source: Paycom Still Has Gas In The Tank – Paycom Software, Inc. (NYSE:PAYC) | Seeking Alpha