Top 10 Performing Security Stocks for March 2006
Company/
Symbol%
IncreaseStock
PriceAnalysisAuthentidate
ADAT
56%
$3.90
Advanced Home Care signed an agreement to use Authentidate's CareFax—a Web-based, HIPAA-compliant application.
The GEO Group
GGI
48%
$33.34
Private correctional/detention center operator GGI increased earnings guidance in March and signed contracts with the state of Idaho and the United Kingdom.
Network Engines
NENG
42%
$3.10
Network security application provider NENG announced deals that will extend its market reach in several international markets.
Optelecom
OPTC
41%
$24.60
OPTC revisits our list this month as they announced a record year in 2005: sales rose 74 percent and net income increased 68 percent.
iSECUREtrac
ISEC.OB
34%
$2.75
This maker of “offender monitoring solutions” using GPS and wireless technologies announced a deal with the Delaware Department of Corrections.
MDI
MDII
34%
$1.46
Integrated access control provider MDI reports awarded contracts in excess of $1 million to upgrade systems at several enterprise customers.
Inksure
INKS.OB
26%
$3.80
This provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud, and diversion reported a 70 percent revenue increase for 2005.
WatchGuard
WGRD
26%
$5.10
WatchGuard announced it expanded its network of partners selling its Firebox security appliance with D&H, a $1.3 billion distributor.
Lasercard
LCRD
23%
$22.50
Having traded as low as $5 during the past year, smart card manufacturer LCRD announced a $1.8 million follow-on order for Canadian resident cards.
American Science
ASEI
23%
$93.40
ASEI announced a $45 million deal from a Middle East customs agency for its x-ray detection systems to secure strategic borders, seaports, and airports.