Tag Archives: payc

Inphi, Paycom Lead 4 Top Stocks Testing Key Level

Amid Thursday’s sell-off, four highly rated stocks are testing support at their 50-day moving averages: Inphi (IPHI), Paycom Software (PAYC),O’Reilly Automotive (ORLY) and Starbucks (SBUX). Inphi on Thursday priced an offering of $200 million in convertible senior notes. Shares dropped 3.1% in big volume, briefly falling below the 50-day line in intraday trade for the first time in two months. By the afternoon, the chipmaker was trading back above

Paycom R&D Spending Not Too Low, Says Analyst

Not worried that Paycom Software (PAYC) isn’t spending enough on R&D, shareholders ran up the stock early Tuesday after Pacific Crest Securities raised its price target. In a research note Tuesday, Pac Crest analyst Brendan Barnicle made his case that some of Paycom’s research and development spending was booked elsewhere. Barnicle said Pacific Crest hosted Paycom CEO Chad Richison in Los Angeles on Monday. “Paycom’s research and development

Alphabet Leads 5 IBD 50 Tech Stocks Hitting New Highs

Here’s a look at five IBD 50 tech stocks hitting new highs in the stock market today: Alphabet (GOOGL), Paycom Software (PAYC), Red Hat (RHT), CDW (CDW) and Dycom (DY). Google owner Alphabet has risen for nine out of the last 10 sessions. It gapped out of a base late last month in reaction to its quarterly earnings report, and shares are now extended from the 713.43 pivot. Alphabet has a highest possible IBD Composite Rating of 99 and has risen