Ira Rothberg, Hennessy Focus Fund Portfolio Manager, seeks underappreciated companies with potential to compound earnings at a mid-teens rate for the next decade. He also notes holdings poised to benefit as COVID recovery continues.
David Ellison, Portfolio Manager, of the Hennessy Financials Funds, believes traditional financial stocks have been "on fire" in 2021. Interview available via the transcript.
Josh Wein, Hennessy Funds Portfolio Manager, believes that the market is adjusting to an accelerated vaccination timeline and "full" reopening of the economy and that fundamentals are better now than one year ago.
As we recover from the pandemic, Ben Cook, Portolio Manager of the BP Energy and BP Midstream Funds, believes we will see favorable equity performance across much of the traditional energy value chain.
"Most companies weathered the storm in 2020 because that's what companies do," says Neil Hennessy, Hennessy Funds Chief Investment Officer. He believes volatility will continue but does not expect a bear market any time soon.
Ryan Kelly, Hennessy Cornerstone Mid Cap 30 Fund Portfolio Manager, believes mid- and small-caps may outperform large-caps in 2021. Beaten-up sectors like financials, energy, and utilities also show the potential to do much better.
Massive global stimulus and strong resolve by OPEC to limit supplies are two factors Ben Cook, Hennessy BP Energy and BP Midstream Funds Portfolio Manager, believes will keep crude prices buoyant in 2021.
Dave Ellison, Hennessy Small and Large Cap Financial Funds Portfolio Manager, sees an improving economy that will benefit both traditional banks and FinTech. He believes larger banks need to embrace technology to win back customers, while smaller banks need to continue down the path to consolidation in order to compete.
David Rainey, Hennessy Focus Fund Portfolio Manager, believes leisure and travel will reawaken going forward, and anticipates that specialty finance companies, banks, and specialized software and infrastructure are poised for improvement.
Masa Takeda, Hennessy Japan Fund Portfolio Manager, follows a "best ideas large-cap strategy. He is upbeat about Japan's economy, due to the government's stimulus efforts during the pandemic, its economic reform policies, and a pro-business, pro-inflation central bank.
Opinions expressed are subject to change at any time, are not guaranteed, and should not be considered investment advice.
DOE refers to the Department of Energy. EIA refers to the U.S.Energy Information Administration. FERC refers to the Federal Energy Regulatory Commission.
References to other funds should not be interpreted as an offer of these securities.
Future dividend payments are not guaranteed.