June 3, 2008 2:23PM

Today’s “Stock You’ve Never Heard of”

By Brian Sullivan

We do this segment every Tuesday, finding companies that have been growing and posting solid sales and revenue numbers without getting a lot of attention from Wall Street or the media.

Today’s company: Watson Wyatt (NYSE: WW).

Watson Wyatt says its focus is “human capital,” which is a fancy way of saying consulting.   Whatever the focus is, it’s been working.   The 3 year average revenue and EPS growth are 33% and 27% respectively, far outpacing not only the S&P 500’s averages (10.6% and -1.8%) but also its consultant peers.

CEO John Haley noted in our interview that the pension and insurance consulting parts of the business are booming in part because of the subprime and credit meltdowns.  Their clients need advice on how to value, contruct and manager risk in their portfolios.

Only drawback may be the (already) hot stock, which has gone from $36 to $56 in just two years.