Dorman Products ($DORM) - Overbought
02.10.12 | 09:19 AM
Dorman Products has hit a technical signal on 3 different technical indicators. DORM is in the Capital Goods sector. The technical signals indic...
Veteran Affairs Index
Updated:
03.24.07Views:
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Description:
The Barron's 3-26-07 edition included an article about why it would be beneficial to buy shares in publicly traded companies that are major contractors for the Department of Veterans Affairs."In 2005, the latest year for which data are available, 13 of the top 20 contracts went to publicly traded outfits. If you had shares in the winners of those 13 at the start of that year and held them until last Tuesday, you would have seen this portfolio appreciate by 43%. That was more than double the 21.4% that the S&P rose in the same span... Our investment thesis is that the private sector will emulate some of the department's procedures to save money and, consequently, will hire some of its contractors."
Over the past two years, shares of these Veterans Affairs contractors rose twice as much, on average, as the overall market.
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