Paycom's (NYSE: PAYC) stock has rallied more than 800% over the past five years as the online payroll and human resource technology provider has dazzled investors with its robust revenue and earnings growth.
Yet its stock hit a 52-week low in early April as the COVID-19 crisis shuttered businesses across the country. However, investors who ignored the noise and bought some shares are now sitting on a gain of more than 70%. Is it too late to buy Paycom after that rally, or does this growth stock still have room to run?
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Source Fool.com