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08
Sep
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by QuestionGirl • 9:57 pm
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Campaign reform…….gotta happen before anything is going to change.
Want to find a great stock? Find a donor.
A political donor, I mean.
Here’s why: Companies that give money to political campaigns have better-performing stocks, according to a new study, than companies that don’t contribute. It’s no small gap, either. Corporations that give the most have beaten the market by 2.5 percentage points a year over the past 25 years.
“It doesn’t surprise me at all,” says Charles Gabriel, a longtime political analyst with Prudential Equity Group, a division of Prudential Financial (PRU, news, msgs). “Unfortunately, an investment in Washington pays off.”
What is surprising is how much companies get for so little money. The public companies that do give money, on average, fork out just $1,700 to $2,000 per campaign and support an average of 56 federal candidates in each two-year cycle.
Continue reading at MSN Money
Filed: Campaign Reform








