Paylocity: Underappreciated Durable Growth
Paylocity Holding(PCTY) Seeking Alpha·2024-07-21 22:15
courtneyk Invest in simple companies that appear dull, mundane, out of favor, and haven’t caught the fancy of Wall Street. - Peter Lynch It is probably safe to say that the human resources and payroll software industry is considerably less exciting than companies working on the cutting-edge of artificial intelligence, such as NVIDIA (NVDA), Arm Holdings (ARM), and AMD (AMD). We believe this has resulted in more mundane growth investments being abandoned by investors. A good example is Paylocity (NASDAQ: ...