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Zacks' Bull Of The Day: VASCO Data Security

VASCO Data Security International (VDSI) is a $900 million global provider of enterprise security products and software services which manage access to computer systems of corporate and government customers.

The company's authentication and e-signature solutions enable secure financial transactions made over private enterprise networks and public networks.

VASCO's software and hardware products provide 10,000 organizations in more than 100 countries, including approximately 1,700 international financial institutions, with strong, flexible and effective Internet and enterprise security solutions.

Big Earnings Surprises

VASCO shares are up 200% in the past year because of two strong trends. First, the demand for cyber security became paramount after major corporate breaches made headlines, from Target (TGT) to JPMorgan (JPM).

Second, the company answered the call for greater security with products that met the need, and earnings grew dramatically. While sales are expected to grow about 24.5% in 2014, of which the final quarter report is due… Read More …