Should You Buy Paycom Software Right Now?

Some of the top stocks of the last decade have been in the software-as-a-service (SaaS) sector. Paycom Software (NYSE: PAYC) is no exception. The payroll and human resources (HR) software provider has returned over 750% for shareholders in the past five years, outpacing the S&P 500 index during that timespan. The company continues to take market share within the human capital management market over competitors like Oracle (NYSE: ORCL) and Paylocity (NASDAQ: PCTY) with its comprehensive SaaS solutions.

Should you consider adding Paycom Software stock to your portfolio right now?

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Source Fool.com