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) - Get Report

. 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.

British American Tobacco

(BTI) - Get Report

was on the list because, according to the article, they were involved in a worldwide cigarette smuggling scheme. The article cited information found by the International Consortium of Investigative Journalists and the group Action on Smoking and Health. The stock is up almost 500% since the article first appeared, an average annualized return of 31.5%. The stock currently has a P/E of 17 with a yield of 4.9%.

This is one of the holdings of the

Vice Fund

, which holds a lot of other good "bad" companies. The fund invests 80% of its assets in companies that are considered "socially irresponsible," and has had an average annual return of 18.7% for the last three years. Other components of the Vice Fund include

Altria

(MO) - Get Report

,

Boeing

(BA) - Get Report

and

Wynn Resorts

(WYNN) - Get Report

.

To watch Gregg Greenberg's video take of this column, click here

.

Lockheed Martin

(LMT) - Get Report

is another stock on

Mother Jones'

list that has performed well. The company hired a university to conduct the first large-scale tests of a toxic drinking water contaminant on human subjects, according to a

Los Angeles Times

article. The stock is up 19.34% per year since the article came out.

The stock is in the portfolio of

Schwab Core Equity Fund

, which has outperformed the

S&P 500

during the last three- and five-year periods. It is managed by Jeff Mortimer, who was profiled in a year-end

Barron's

article.

To view Aaron Task's recent interview with Jeff Mortimer for TheStreet.com TV, please click here.

Next on the list is

Titan International

(TWI) - Get Report

. The company, which manufactures wheels and tires for construction vehicles, denied bargaining information to the union, according to the

Mother Jones

article.

The stock has a forward P/E of 20 and pays a tiny yield of 0.1%. The stock is a holding of

Jana Partners

, a $5 billion San Francisco-based activist fund with an average annual return of 24.5%. Definitely something to consider.

So while these companies may be "bad" in the eyes of society, they certainly have been good to investors.

The

entire list of 'worst' stocks

can be found at Stockpickr.com.

At the time of publication, Altucher and/or his fund held no positions in any of the stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of

Trade Like a Hedge Fund

and

Trade Like Warren Buffett

. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email.

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