Alternative stock investments sometimes appear in the industries you would least expect. The technology industry is often seen as highly saturated and dominated by the usual big players. However, companies like Zix Corp. (NASDAQ: ZIXI) show that there are still gains to be made at the low end. If you’re interested in the tech sector but want a stock that could grow along with your portfolio, Zix Corp could be the answer.
Zix is an email company. This in itself is not unique, but its technology is. Zix uses end-to-end mail encryption to provide highly secure services to companies operating in government and enterprise, healthcare, insurance, and financial services.
Stock is still too immature to be paying a dividend, but the company is on its way up. EPS is in the positive with $0.28 earned per share. Revenue has increased steadily for five fiscal years. In 2018, revenue jumped 7.33%, Being a software company, profitability is high, with the company making a 76.12% gross profit margin in the last fiscal year.
Zix Corp is an easy company to follow because it isn’t highly diversified. It focuses on its niche and does security very well. It could continue to grow or could even be a potential target for acquisition in the future. Either of these situations would likely create strong returns for investors. With a bargain priced stock today, this could become an excellent addition to a growing portfolio.
- 1 Year Price Growth: 46%
- YTD Price Growth: 20%
- 3 Month Price Growth: 60%
All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.