BOSTON (TheStreet) -- Mid-cap stocks are outpacing blue-chips this year. Large-caps are catching up, but these medium-sized companies are positioned to gain in 2010.

5. Tyler Technologies

Tyler Technologies

(TYL) - Get Report

provides technology services to government agencies.

The numbers

: Third-quarter net income rose 18% to $7.5 million and earnings per share climbed 25% to 20 cents, boosted by a lower share count. Revenue grew 8% to $74 million. Tyler's gross margin remained steady at 47%, and its operating margin was unchanged at 17%. The company has a strong financial position, with $7.9 million of cash and $2.1 million of debt.

The stock

: Tyler Technologies has rallied 58% this year, outperforming major U.S. indices. The stock trades at a price-to-earnings ratio of 28, a premium to the market and application software peers. Tyler Technologies doesn't pay dividends.

>>See #4

4. Edwards Lifesciences

(EW) - Get Report

sells medical devices for the cardiovascular system.

The numbers

: Third-quarter profit doubled to $74 million, or $1.25 a share, as revenue grew 7% to $326 million. Edwards' gross margin rose from 70% to 74%, and its operating margin widened from 15% to 17%. The company has $290 million of cash and $102 million of debt.

The stock

: Edwards Lifesciences has risen 51% this year, more than major U.S. indices. The stock trades at a price-to-earnings ratio of 22, a premium to the market, but a discount to health care equipment peers. Edwards Lifesciences doesn't pay dividends.

>>See #3

3. Monro Muffler Brake

(MNRO) - Get Report

repairs cars and sells tires.

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The numbers

: Fiscal second-quarter profit increased 30% to $10 million, or 49 cents a share, as revenue grew 14% to $137 million. Monro's gross margin fell from 46% to 43%, but its operating margin rose from 11% to 13%. The company holds $4 million of cash and $83 million of debt.

The stock

: Monro Muffler Brake has gained 13% this year, less than major U.S. indices. The stock trades at a price-to-earnings ratio of 21, on par with the market, but a discount to automotive retailers. The stock has a dividend yield of 1%.

>>See #2

2. Balchem

(BCPC) - Get Report

sells 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 gross margin rose from 25% to 30%, and its operating margin increased from 12% to 19%. The company has $39 million of cash and $6.6 million of debt.

The stock

: Balchem has risen 30% this year, more than the Dow and S&P 500. The stock trades at a price-to-earnings ratio of 25, on par with chemical makers, but a premium to the market. The stock has a dividend yield of 0.3%.

>>See #1

1. Church & Dwight

(CHD) - Get Report

sells household products.

The numbers

: Third-quarter net income rose 43% to $70 million, or 98 cents a share. Revenue inched up 2% to $646 million. Church & Dwight's gross margin widened from 43% to 49%, and its operating margin expanded from 15% to 18%. A quick ratio of 1.1 indicates adequate liquidity. A debt-to-equity ratio of 0.5 reflects conservative leverage.

The stock

: Church & Dwight has risen 8% this year, less than major U.S. indices. The stock trades at a price-to-earnings ratio of 18, a discount to the market, but a premium to household products peers. The stock has a dividend yield of 0.9%.

Now see five large-cap stocks on the move >>>