The stock market can be an intimidating place for the uninitiated investor. The constant stream of news, new products and company partnerships can all seem overwhelming at first glance. However, this makes the stock market an exciting opportunity for enterprising investors. There are many opportunities to make money in the stock market if you know where to look. The key is to invest in companies that will stand out as growth stocks over the coming years. Here are five great stocks to buy now and why we think they will outperform in the coming years.

Paycom Software Inc. (NYSE: PAYC)

Paycom Software, Inc. is a global SaaS-based provider of employee experience and engagement solutions. The company’s HR solutions include talent acquisition, employee engagement, onboarding and training, compensation and benefits, and workforce management. Its customer engagement solutions include customer experience, relationship management, insights and analytics. Organizations use the company’s products to manage their employees, customers and business operations. Its solutions are offered through three customer channels: direct sales, partner channels and end-user self-service. The company was founded in 1998 by Richard J. Lambert and David L. Clark and is headquartered in Phoenix, Arizona. Why this stock could be a great investment We have a few reasons why we are bullish on this stock. First, the Company is doing exceptionally well in a growing industry. The SaaS industry is growing every year. Paycom’s growing customer base has shown that it can keep up with demand for its services. The company’s revenue has steadily increased over the past five years and is still trending upwards. We are also excited about the company’s focus on expanding internationally. International payments currently make up less than 20% of the company’s total revenue, meaning Paycom has plenty of room to grow in markets outside the United States. As the company continues to expand into other countries, it will likely see even more growth.

RPM International Inc. (NYSE: RPM)

RPM International Inc. develops and manufactures specialty chemicals. The company’s products are used in various industries, including construction, mining, oil and gas, healthcare, food and beverage, water treatment and other industrial and commercial applications. The company operates through three segments: industrial specialty products, construction products and real estate. The Industrial Specialty Products segment manufactures products used in various industries, including automotive, chemicals, electronics, food and beverage, healthcare, industrial, municipal water treatment, and oil and gas. The Construction Products segment manufactures products used in construction applications such as asphalt paving, roofing, concrete paving and specialty construction. The company was founded in 1921 by Roy L. Powell and is headquartered in Cincinnati, Ohio. Why this stock could be a great investment We are bullish on this stock because the company is set to benefit from several macro trends that will continue to expand. First, construction spending is expected to rise over the next decade as the economy continues to improve and more people return to work. RPM is a significant player in the construction goods market, making it an excellent investment during an economic upswing. Secondly, the Company is also in an excellent position to benefit from the rising demand for renewable energy. The push for more green energy will fuel demand for concrete, which will only help RPM increase its sales even further.

Interactive Brokers (NASDAQ: IBKR)

Interactive Brokers Group, Inc. provides automated trading in securities and other financial services. The Company offers Investors trading and investment tools, including order execution, trading and investment analysis, and risk management, and Retail traders and investors trading and investment tools, including order execution, trading and investment analysis, and risk management. It also provides clearing and settlement services for securities, futures, options and other derivatives; and Act as a registered broker/dealer for clients trading on its electronic trading platform. Traders and investors use the company’s products to buy or sell stocks, bonds, options and futures. Why this stock could be a great investment We are bullish on this stock because the company is well positioned to benefit from solid trends in the financial services industry. First, we expect the booming financial technology sector to continue to grow. This has led to a huge demand for online brokerage services such as Interactive Brokers. IBKR is one of the most prominent players in this market, making it well positioned for future growth. Second, the company will also benefit from the growing popularity of robo-advisors. IBKR has recently partnered with a major robo-advisor to offer its services to the growing number of people looking to invest their money with a robo-advisor.

Balchem ​​Corporation (NASDAQ: BCPC)

Balchem ​​Corporation is a specialty chemicals company. The company operates through three segments: specialty, pharmaceutical and special projects. The Specialty Products segment consists of a portfolio of high-value, branded, specialty chemicals used in the agricultural, home and garden, industrial and institutional and commercial pest control industries. The pharmaceuticals segment comprises branded and generic pharmaceuticals, topical treatments and ophthalmic pharmaceuticals. The Special Projects segment consists of hydroxyethyl cellulose (HEC) produced by the company’s joint venture in Fujian Province, China. The company’s products are used in various industries, including agriculture, home and garden, industrial, and institutional and commercial pest control. The company was founded in 1951 and has its headquarters in St. Louis, Missouri. Why this stock could be a great investment We are bullish on this stock as it is poised to see strong growth as more emerging markets take advantage of its agricultural products. The company’s agricultural chemicals are used in countries around the world, but they are trendy in Asia, Latin America and Africa. As more countries in these regions see economic growth, they are expected to use more pesticides and other chemicals to boost crop production. BCPC is a significant player in these two key regions, making it an excellent investment as the world population grows and demands more food.

Closure

The stock market can be an intimidating place for the uninitiated investor. The constant stream of news, new products and company partnerships can all seem overwhelming at first glance. However, this makes the stock market an exciting opportunity for enterprising investors. There are many opportunities to make money in the stock market if you know where to look. The key is to invest in companies that will stand out as growth stocks over the coming years. Here are five great stocks to buy now and why we think they will outperform in the coming years.