Monday, March 21, 2016

TheStreet: What CarMax and Google Have in Common: Hennessy Fund Stock Picks

By SIMON CONSTABLE

Spare auto-parts, used cars, and the world's biggest search engine might seem to have little in common. Yet all are top picks at the $2.2 billion  Hennessy Focus Fund(HFCSX) . 

Its performance over the decade through December is in the top 2%, when compared with other midcap funds. How's it done? TheStreet asked one of the portfolio managers, David Rainey, who works for the fund's sub-adviser  Broad Run Investment Management. He and two others pick the stocks.  

Here's what Rainey said.

No comments: