Insider Stocks · For members
An entry from my investing journal, for members.
Paycom delivered Q3 results that met guidance but failed to inspire. Despite management's evangelizing about IWant AI and Beti's game-changing capabilities, revenue growth of 10.6% continues to lag competitor Paylocity's 13.7%. After a $100M AI infrastructure investment and 500-person layoff, the question becomes: Is Paycom transitioning from growth story to cash cow?
Insider Stocks
The rest of this entry is for members
Before I buy a business, and before I sell one, I write up what I see: what it earns, what it’s worth, what could break it. Members read every entry, back to 2021. At least two new entries a month, more during earnings season.
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