If You Invested $1000 In This Stock 10 Years Ago, You Would Have This Much Today

Paycom Software PAYC has outperformed the market over the past 10 years by 9.35% on an annualized basis producing an average annual return of 20.85%. Currently, Paycom Software has a market capitalization of $13.11 billion.

Buying $1000 In PAYC: If an investor had bought $1000 of PAYC stock 10 years ago, it would be worth $6,589.46 today based on a price of $234.08 for PAYC at the time of writing.

Paycom Software's Performance Over Last 10 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.