Can Naughty Companies Be Good Investments?

Back in 2001, Mother Jones magazine published an article called "Ten Worst Corporations of 2000." Investors may not agree with that assessment.

The article actually derided the 13 worst corporate citizens, in its view. But if you had invested in those stocks six years ago, you would have more than doubled your money, receiving an averaged annualized return of 13.98%. As a matter of fact, every stock on the list is up, except for Ford Motor(F Quote). We have put together a portfolio of the entire list of "worst" stocks on Stockpickr.com.

Vice stocks are a critical part of diversification in an environment with rising interest rates and a slowing economy. Let's face it, when times are tough what are you going to do? Drink, smoke and go to movies. ...