Stocks that are attractive to mutual funds and institutional investors are worth keeping an eye on. Mutual funds, especially top funds, often spot big winners. And big winners need institutional support to buy up their shares. Today’s Screen of the Day is Accelerating Mutual Fund Ownership, which features stocks that fund managers are picking up. Cybersecurity firm Vasco Data Security International (VDSI) earned two government certifications this
Vasco Data Security International (VDSI) this week racked up two government certifications and a major customer win for its two-factor authentication and electronic signature technologies. Vasco stock rose 3.6% to 24.70 on the stock market today. On Thursday, the Oakbrook Terrace, Ill.-based company announced that the Belgian government has certified Vasco as a trusted authentication partner for Belgian citizens accessing any e-government
Last month, cybersecurity stocks emerged as some of the market’s top gainers. They have since faded a bit, but watch this video as we check back in with Palo Alto Networks (PANW), Vasco Data Security (VDSI) and CyberArk Software (CYBR) to see how they’re doing. Follow Alissa Williams on Twitter: @IBD_AWilliams.