If You Invested $1000 In This Stock 5 Years Ago, You Would Have $4,100 Today

Paycom Software PAYC has outperformed the market over the past 5 years by 23.09% on an annualized basis producing an average annual return of 32.45%. Currently, Paycom Software has a market capitalization of $20.68 billion.

Buying $1000 In PAYC: If an investor had bought $1000 of PAYC stock 5 years ago, it would be worth $4,133.41 today based on a price of $344.55 for PAYC at the time of writing.

Paycom Software's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.