Investing Opinion

Five Mid-Cap Stocks to Own for 2010

Stock quotes in this article:PRSP, CHD, BCPC 

1. Balchem(BCPC) sells specialty chemicals.

The numbers: Third-quarter profit increased 43% to $6.9 million, or 36 cents a share. Revenue dropped 7% to $54 million. Balchem's operating margin stretched from 12% to 19%. The company has an admirable financial position, with $39 million of cash and $6.6 million of debt.

The stock: Balchem has advanced 37% this year, more than the Dow and S&P 500. The stock trades at a price-to-earnings ratio of 26, a premium to chemical peers. Shares offer a 0.3% dividend yield.

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