Today, we’re looking at a company that’s thriving as folks continue to work from home…
While there are some folks who have been returning to their offices, there are still many people who are continuing to work remotely due to COVID-19, especially given concerns about the Delta variant. But with more services available online in the “cloud,” teleworking has become more manageable. Today’s company helps human resources teams work from home…
Paycom Software (PAYC) is a $30 billion software company. Its tools help with hiring, payroll, and other HR services. And because its software is based in the cloud, users can access its services anywhere in the world with an Internet connection… perfect for the current teleworking boom. In its latest quarter, Paycom grew its revenue 33% year over year – bringing in $242.1 million.
As you can see, PAYC shares are up more than 220% over the past three years… and they just hit a fresh all-time high. As companies continue to navigate the teleworking space, Paycom’s software should remain invaluable…
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Source: Daily Wealth’s Market Notes
