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Mutual Fund Focus: Hennessy Cornerstone Mid-Cap 30
FYI: You won’t see chicken processor Pilgrim’s Pride and Skechers, the maker of trendy sneakers, at the top of many portfolios. But they’re among the biggest holdings of Hennessy Cornerstone Mid Cap 30, a fund that follows strict rules in search of midsize companies trading at reasonable prices. “Mid caps are more stable than small businesses but also have the potential to grow into large-cap companies,” says Brian Peery, who runs the fund with Neil Hennessy. “They’re the sweet spot of the market all around.” Regards, Ted http://www.kiplinger.com/printstory.php?pid=12923