NEW YORK – As the jobless rate inches up and the economic recovery sputters, investors looking for a few good stocks may want to follow the money — or rather the TV, the beloved Fender guitar, the baubles from Grandma, the wedding ring.

Profits at pawn shop operator Ezcorp Inc. have jumped by an average 46 percent annually for five years. The stock has doubled from a year ago, to about $38. And the Wall Street pros who analyze the company think it will go higher yet. All seven of them are telling investors to buy the Austin, Texas, company.

In investing, it’s often better to focus on what you can safely predict. One good bet: The jobless aren’t likely to find work anytime soon. And companies profiting from their bad fortune will continue to do so.

Among them:

• Stock in payday lender Advance America Cash Advance Centers has doubled from a year ago, to just under $8. Rival Cash America International Inc. is up 64 percent, to $58. Such firms typically provide high-interest loans — due on payday — to people who can’t borrow from traditional lenders.

•  Profits at Encore Capital Group, a debt collector, rose nearly 50 percent last year. Encore has faced class action suits in several states, including California, over its collection practices. No matter. The stock is up 59 percent from a year ago, to more than $30.

•  Stock in Rent-A-Center, which leases televisions, couches, computers and more, is up 57 percent from a year ago to nearly $32. Nine of the 11 analysts covering the company say it will rise further and that investors should buy it.

The idea of investing in companies catering to the hard-up might not be palatable to some people. But it is profitable.

Mark Montagna, an analyst at Avondale Partners in Nashville, has developed what he calls “value retail” index of 11 companies — dollar stores, off-price shops and clothing and footwear chains favored by shoppers looking for deals. The index is up 149 percent since February 2009, which marked the lowest month-end closing value for the S&P 500 during the recession.

Desperation stocks continue to be lifted by a drumbeat of bad news. Consumer spending, adjusted for inflation, has fallen for two months in a row — the first back-to-back fall since November 2009. On Friday, the government reported the unemployment rate rose to 9.2 percent in June, sending stocks in tailspin. On top of that, one in seven Americans now live below the poverty line, a 17-year high.

“It’s been a good year,” says John Coffey Jr., a Sterne Agee analyst, referring to the companies he follows, not the economy. Coffey created a stir late last month when he issued a report arguing that shares of Ezcorp, which also makes payday loans, were worth a third more than their price and urged investors to buy. The stock rose 7 percent in just a few hours.

The next day, a widely followed survey showed consumer confidence at a seven-month low.

“Here we are celebrating the second year of recovery, and confidence is at levels consistent with a recession,” says David Rosenberg, an economist at money manager Gluskin Sheff.

Stock in discount retailer Dollar General recently hit $34.13, up 50 percent from its IPO in 2009. And it may be worth about a third more, at least according to Avondale’s Montagna.

“People are broke. They’re all chasing value. It’s a seismic shift in mindset,” he says.