Kasteel Research
Long/short equity, medium-term horizon, value, contrarian

Zix: Buy This Growth Stock With 20% Upside Potential

A few months ago, I wrote an article about Zix (NASDAQ:ZIXI), which introduced the company and the BYOD opportunity. Now I'm going to make an update on new products, and focus on valuation and growth opportunities.

The company is the leader in email encryption and has launched two new products last year; ZixDLP (May 2013) and ZixOne (September 2013), the most promising product for the future of the company. ZixDLP is a cost effective solution, which can remove the risk of data loss. ZixOne is a BYOD mobile email application, which secures email on personal devices used for work.

As I stated in my previous article, BYOD will become important for companies in the future:

"BYOD, which...
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