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Paylocity Holding Corporation (PCTY): A Bull Case Theory

We came across a bullish thesis on Paylocity Holding Corporation (PCTY) on Substack by Francesco Ferrari. In this article, we will summarize the bulls’ thesis on PCTY. Paylocity Holding Corporation (PCTY)'s share was trading at $183.98 as of April 17th. PCTY’s trailing and forward P/E were 47.30 and 23.98 respectively, according to Yahoo Finance.

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Paylocity (PCTY) is a low-volatility stock that has consistently delivered strong...