Top Stock Picks for the Week of April 9th

Paycom Software, Inc. PAYC,is a provider of a cloud-based human capital management software solution delivered as Software-as-a-Service. This Zacks #1, Strong Buy, is a cash rich company with a strong balance sheet. It has displayed steady revenue growth and its stock has outperformed the broader market over the last year.

Based on our latest consensus estimates, we expect the company to witness solid EPS and revenue growth in its current fiscal year. Looking further ahead, Paycom is projected to improve its bottom line at a positive annualized rate over the next three to five years.