I have written about Paycom Software (PAYC) on two previous occasions — last July and in April. In the two previous instances, I was surprised by the amount of pessimism toward the stock from analysts and short sellers. The two groups have moved in opposite directions over the past year with analysts becoming more bearish and short sellers becoming less bearish. The company is set to report second-quarter earnings results on Tuesday after the market closes.
Looking at the fundamentals for Paycom, we see that the company has performed admirably over the last