Full Steam Ahead

Zix Corporation (ZIXI) enjoyed a 30%-plus post-earnings gap higher on Friday, which was surprisingly lost in the shuffle amid a busy couple of weeks on top of the fireworks we have seen over the last eighteen hours or so.

However, we ought not forget about little ZIXI, an emerging cybersecurity standout with about a $583 million market cap.

In particular, with the IWM leading the market comeback this afternoon it behooves us to ferret out potential monsters in the small cap complex across a variety of sectors. But finding a software/security gem like Zix makes even more sense.

ZIXI is a stock we have intermittently traded and tracked for Members for a few years now. But now may be the true time to shine, as you can see the market adjusting for the recent upside surprise on the daily chart, below. 

Going forward, I view virtually any multi-day dips as opportunities to hone in on the name for a long entry, and will be eyeing this one very close throughout May. I also look at ZIXI as a logical buyout target in a hot sector, combining several attractive factors rolled up into one mighty mouse of a punch--A red-hot sector, great growth, very reasonable market cap, and the resilient IWM. 

Working our way through the final hour of today's session, I am simply looking to see if bulls avoid any sort of massive fumble into the bell to squander an otherwise impressive comeback.