Thursday, September 25, 2008

Mid-Cap Beltway Bets

As part of our Washington coverage on Forbes.com, we take a keen interest in companies doing significant business either directly with the U.S. federal government or with the big contractors catering to it.

One reason: investment opportunity. Sometimes it pays to make a bet on a company with products or services that have struck have the fancy of a huge, sophisticated and deep-pocketed customer: Uncle Sam.

We've used our annual list of the 100 Best Mid-Cap stocks to test the proposition, with good recent results. The seven stocks we highlighted in this 2007 story show a 12-month total return of 2%, through our price date of market's close on Sept. 18, versus a 19% drop (total return) for the S&P 500.

Full story at Forbes.com