Meet 4 hot security stocks as hacking attacks make headlines
With major hacking attacks on Sony (SNE) and other corporations top of mind lately, it’s little wonder that security software stocks are doing well. IBD’s Computer Software-Security group ranks No. 1 out of 197 industry groups, as it also did four weeks ago. IBD ranks industry groups based on six-month stock price performance. Besides Sony, other companies that hackers have targeted recently include Staples (SPLS), Target (TGT), Home Depot (HD) and JP Morgan Chase (JPM). Here are the top four computer security software stocks based on IBD’s SmartSelect Composite Ratings. Vasco Data Security International. (VDSI) has seen its shares rise nearly 280% since the start of the year. In afternoon trading, Vasco was up 1%, above 29, on the Stock Market Today. The company, based in Oakbrook Terrace, Ill., is No. 1 in providing two-factor authentication and electronic signature software to financial institutions. Qualys (QLYS) shares have risen 72% this