1 Top Stock I'd Love to Buy in 2024
I've had my eyes on payroll and HR software provider Paycom (NYSE: PAYC) for a while. There's a lot to like about the company, and recent short-term issues have sent the stock tumbling from highs carved out during the pandemic.
The price still looks a bit too high, though, so I'll be staying on the sidelines for now. I would love to add the stock to my portfolio this year, but only if the valuation makes sense.
Running payroll and handling HR processes are things that all businesses must do. When there's an issue, say with an employee's paycheck, the situation needs to be resolved quickly and efficiently. Paycom and its cloud-based software platform, which enables employees to enter and manage their own data, help free HR staff from many of the tedious tasks that can bog them down.
Source Fool.com
