Software stocks slide again
Digest more
Anxiety is running high among software investors worried about artificial intelligence disrupting the multi-trillion dollar industry. Those concerns are misplaced, according to one veteran tech investor.
Hosted on MSN
Down 72% from all-time highs, is this software stock a buy as it aggressively buys back its stock?
Paycom's revenue growth has decelerated. But it's still solid, in the high single digits. Management is guiding to about 9% total revenue growth in 2025. With the stock far below its 2021 peak, share repurchases are now more important to the thesis.