Paycom Software is a Software Stock With REAL Profits
Software stocks have fallen heavily since November. But Paycom Software (PAYC) is a good one to buy on a dip because of its profits.
Software stocks have fallen heavily since November. But Paycom Software (PAYC) is a good one to buy on a dip because of its profits.
Facebook’s (FB) has problems Apple’s privacy protection limiting data, and FB’s metaverse might not become a catalyst.
Sea’s (SE) is in a huge downtrend, with no end in sight. This even though the valuation is the lowest (4x revenue) I’ve ever seen it.
Chipotle (CMG) is facing higher costs, but the recent price increases helped offset their impact without affecting demand.
Alphabet (GOOGL) delivered 38% profit growth on 32% revenue growth last qtr, but growth is expected to slow next qtr.
Shopify (SHOP) is gonna have to spend on warehouses, bringing profits down. With a P/E of 139 SHOP might be worth $300 a share.
Affirm (AFRM() stock has been free-falling lower as losses mount, but revenue, merchants and merchadise volume grows.
Pinterest (PINS) has grand plans for an improved buying experience on its website. But the stock continues to free-fall.
PayPal (PYPL) stock is totally out of favor, due to losing eBay’s business and COVID. Profit growth is set to return later in 2022.
Microsft (MSFT) helped turn the Bear Market into a Bull Market when it released its earnings as the Cloud division shined.
EPAM Systems (EPAM) used to be a marvelous stock. Now with EPAM down from $700 to less than $500, it seems like a deal.
Servicenow (NOW) proved its software business continues to be in high demand post-COVID as it continues to land big clients.