Vasco Data Security Is My Favorite Top Growth Stock

2007-10-10T06:51:00.000+03:00

I am very happy with how VASCO (Nasdaq:VDSI) is performing!! Was not expecting to see such a growth when I invested in this company. My profits have more than tripled this year! :) VASCO Data Security develops and delivers strong security authentication products. Their clientèle from around the world, are the biggest banks, other companies and government agencies. Due to the notable increase in identify theft reports, there is the need to secure critical infrastructures and business operations. I had not previous experience with stock market investments. This being my first time, allowed me to learn many new things about the global markets and "play" safe with my investments. VASCO does frequent sales worldwide, has a solid business model and very good financials.

I remember there was an article by Fei Mei Chan on FORBES recommending VDSI as a hot pick. My decision whether or not to invest in this company, came from researching what they are exactly developing and their mission and vision for the future.

My main interests include ICT security, so my way to prosperity is investing in small capital technology and security companies which I foresee to have a great future perspective. Do not do the mistake to invest in companies which have only one product, especially in the biotechnology industry. A great example of failed stock investments is this of Northfield Laboratories (Nasdaq: NFLD).

Northfield's only product is PolyHeme®- an oxygen-carrying red blood cell substitute for the treatment of life-threatening blood loss, when an oxygen-carrying fluid is required and red blood cells are not available. When problems occurred with their only product, share price dropped 60% in one day! Follow the news headlines about NFLD for more information and insight!

Enough said about Northfield Labs, I absolutely love some of the posted articles on the Motley Fool regarding VASCO and advise on ways to prosperity through investing:

5 More Top Growth Stocks - Tim Beyers
The Way to Prosperity - Rich Duprey
5 Low-Priced, High-Star Stocks - Brian D. Pacampara
The 3 Things You Need to Retire - Chuck Saletta
VDSI Research - The Motley Fool CAPS

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2007-10-09T05:34:00.001+03:00

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