Emmet Savage: Paycom ($PAYC) Stock, I Adore Thee

By James EarlySeptember 26, 2024Posted in Investing, Investment Tactics

Emmet Savage: Paycom ($PAYC) Stock, I Adore Thee

Emmet Savage is anything but: The urbane Irishman – a former physicist – co-founded MyWallSt, an investment advisory firm, and has the market-beating chops to back it up: He’s averaged 22.5% annual returns for the past 20 years (the S&P 500 averages something like 9% or 10% annually, for comparison).

Emmet joined me to share why SAAS payroll software company Paycom (Nasdaq: $PAYC) is one of his most beloved stocks right now. He says the market is misunderstanding the cannibalization of old product revenue – and says it’s time to buy.

Click here or on the image to watch.

This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. Neither the author nor BBAE has a position in any investment mentioned.

Meet the Author

James Early

CIO @ BBAE

Meet James Early, the Chief Investment Officer at BBAE. James previously served as CEO of MarketWise’s China subsidiary, as well as Director of Research & Analysis at The Motley Fool. He's a frequent commentator in media such as CNN, BBC, CNBC, CCTV, WSJ, NYT, Fox, and Men's Health. James, a former hedge fund analyst (and current mountaineering enthusiast), enjoys building strategic partnerships and sharing Wall Street wisdom in Main Street parlance on the BBAE blog.