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Every now and again I’m thankful for those hidden mid-cap FTSE 250 gems that keep my portfolio afloat through tough times. They might not make the impressive gains of some larger-cap companies but they lack the nerve-wracking unpredictability of more volatile stocks.
Today I’m looking at one in particular that has enjoyed consistent growth in the past six months, while many other UK stocks have fallen in the same period.
It may not be a particularly exciting company but it’s a part of the everyday lives of most UK citizens. From defence infrastructure to health services, UK-based Serco Group (LSE:SRP) has its fingers in many pies – both locally and abroad.
But it hasn’t always been plain sailing for the company.
Slow and steady
The Serco share price has seen very little volatility over the past six months. But a pricing scandal in 2013 battered the share price and threatened the company’s…
