Paycom Software (PAYC) Surge Driven by Accelerating Growth and Margin Expansion

Harris Oakmark recently released its third-quarter 2026 investor letter for the “Oakmark Select Fund”. Oakmark Select Fund is a non-diversified fund that aims to deliver capital appreciation by investing in mid- and large-cap US companies. The letter can be downloaded here. The Fund (Investor Class) significantly outperformed the S&P 500 Index, returning 11.50% compared to the index’s 2.30%. Information technology and health care drove this performance, while consumer staples and real...