Billionaire investor Warren Buffett once summarized the secret to his success in a single sentence: "All there is to investing is picking good stocks at good times, and staying with them as long as they remain good companies."

That advice is somewhat subjective, but I believe Paycom Software (NYSE: PAYC) and (NASDAQ: MELI) meet those criteria. Both companies have reported strong financial results like clockwork in recent years, and both stocks currently trade at a discount to their historical valuations.

Here's what investors should know.

Continue reading

Source Fool.com