The government has shut down.
Historically, the stock market itself usually does fine when this happens.
But some some companies are disproportionately exposed to the government, which means a shutdown is bad for business.
Goldman Sachs recently published a report listing the stocks of these companies. We pulled the the 20 stocks with the most exposure.
We've left out pure defense and health care companies, as many provide essential services that will remain in tact during the federal spending freeze. In addition, several companies we have included also receive state and local funds, which aren't likely to feel effects in the near-term.
It's also worth noting that many of these names appeared on our list of stocks vulnerable to the sequester — and many ended up doing fine.
NetApp
Ticker: NTAP
Sector: Computers & Peripherals
Sales exposure to government: 20%
Market cap: $15.4 billion
YTD performance: 24.1%
Source: Goldman Sachs
Allison Transmission Holdings
DNR Lousiana
Ticker: ALSN
Sector: Auto Components
Sales exposure to government: 20%
Market cap: $4.4 billion
YTD performance: 20.7%
Source: Goldman Sachs
Roper Industries
Robert Libetti/ Business Insider
Ticker: ROP
Sector: Electrical Equipment
Sales exposure to government: 20%
Market cap: $13.4 billion
YTD performance: 16.6%
Source: Goldman Sachs
Jacobs Engineering
Ticker: JEC
Sector: Construction & Engineering
Sales exposure to government: 21%
Market cap: $6.7 billion
YTD performance: 32.1%
Source: Goldman Sachs
Cisco
REUTERS/Mike Blake
Ticker: CSCO
Sector: Communications Equipment
Sales exposure to government: 22%
Market cap: $131 billion
YTD performance: 14.7%
Source: Goldman Sachs
Sigma-Aldrich
Flickr/queensu
Ticker: SIAL
Sector: Chemicals
Sales exposure to government: 27%
Market cap: $2.3 billion
YTD performance: 14.4%
Source: Goldman Sachs
Textron
NTSB
Ticker: TXT
Sector: Industrial Conglomerate
Sales exposure to government: 29%
Market cap: $8.2 billion
YTD performance: 9.5%
Source: Goldman Sachs
Xerox
REUTERS/Chip East
Ticker: XRX
Sector: Office Electronics
Sales exposure to government: 30%
Market cap: $12.7 billion
YTD performance: 44.2%
Source: Goldman Sachs
Microsemi
REUTERS/Michael Dalder
Ticker: MSCC
Sector: Semiconductors & Semi Equipment
Sales exposure to government: 33%
Market cap: $2.3 billion
YTD performance: 9.3%
Source: Goldman Sachs
Computer Sciences Corp.
Ticker: CSC
Sector: Computers & Peripherals
Sales exposure to government: 35%
Market cap: $7.9 billion
YTD performance: 25.4%
Source: Goldman Sachs
Hittite Microwave Corp.
REUTERS/Kim Kyung-Hoon
Ticker: HITT
Sector: Semiconductors & Semi Equipment
Sales exposure to government: 35%
Market cap: $2 billion
YTD performance: 1.0%
Source: Goldman Sachs
Compass Minerals
Ticker: CMP
Sector: Metals & Mining
Sales exposure to government: 47%
Market cap: $2.5 billion
YTD performance: -0.9%
Source: Goldman Sachs
Oshkosh
Ticker: OSK
Sector: Machinery
Sales exposure to government: 49%
Market cap: $4.2 billion
YTD performance: 54.2%
Source: Goldman Sachs
Mueller Water
Ticker: MWA
Sector: Machinery
Sales exposure to government: 28%
Market cap: $1.3 billion
YTD performance: 35.6%
Source: Goldman Sachs
Waste Connections
Ticker: WCN
Sector: Commercial Services & Supplies
Sales exposure to government: 50%
Market cap: $5.5 billion
YTD performance: 30.4%
Source: Goldman Sachs
Republic Services
Ticker: RSG
Sector: Commercial Services & Supplies
Sales exposure to government: 50%
Market cap: $12.5 billion
YTD performance: 14.3%
Source: Goldman Sachs
Waste Management
Ticker: WM
Sector: Commercial Services & Supplies
Sales exposure to government: 50%
Market cap: $19.4 billion
YTD performance: 21.8%
Source: Goldman Sachs
FLIR Systems
Ticker: FLIR
Sector: Computers & Peripherals
Sales exposure to government: 54%
Market cap: $4.6 billion
YTD performance: 33.5%
Source: Goldman Sachs
Granite Construction
REUTERS/ Mike Blake
Ticker: GVA
Sector: Construction & Engineering
Sales exposure to government: 58%
Market cap: $1.3 billion
YTD performance: -12.1%
Source: Goldman Sachs
Harris Communications
Harris
Ticker: HRS
Sector: Communications Equipment
Sales exposure to government: 80%
Market cap: $6.3 billion
YTD performance: 18%
Source: Goldman Sachs
Read more: http://www.businessinsider.com/stocks-most-exposed-to-the-government-2013-9?op=1#ixzz2gTYDJeJM
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