Best Momentum Stock to Buy for June 13th

Here is the stock with buy rank and strong momentum characteristics for investors to consider today, June 13th:

Paycom Software PAYC: This company which is a provider of cloud-based human capital management (HCM) software as a service solution for integrated software for both employee records and talent management processes, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

Paycom Software, Inc. Price and Consensus

Paycom Software, Inc. price-consensus-chart | Paycom Software, Inc. Quote

Paycom Software’s shares gained 23.8% over the last three month compared with the S&P 500’s gain of 9.4%. The company possesses a Momentum Score of A.

Paycom Software, Inc. Price

Paycom Software, Inc. price | Paycom Software, Inc. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

This article originally published on Zacks Investment Research (zacks.com).

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