Hennessy Focus 30
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Date updated:04-07-2007

Recently profiled in the Apr 9 Barrons Mutual Funds Edition:

"The mid-cap Hennessy Focus 30 Fund (ticker: HFTFX), for example, snagged a 9.7% first-quarter gain scouring U.S. companies with market caps from $1 billion to $10 billion for undervalued stocks -- essentially those with a price-to-sales ratio of 1.5 or less "so we pay no more than $1.50 for every dollar in sales," says Hennessy Funds president Neil Hennessy. These are then screened for earnings momentum (or rising annual profits) and relative strength over three-, six- and 12-month periods. "

"While one of the market's chief fears is the impact that lending constrictions will have on home prices and America's wealth effect -- this has sent the Consumer Discretionary Select SPDR (XLY) down 5.5% since mid-February -- Hennessy still has considerable faith in consumers' spending power. "The realities of the world haven't changed that much, even with the market correction," he says. "We still have historically low interest rates, unemployment and inflation.""

symbol name last price % change open
  • +
  • WST
    West Pharma Svcs
  • $43.97
  • -0.27%
  • $N/A

No Analysis added

People owning WST also tend to own: BDCBHEDMRCICOCISEKNOTLIFC

TheStreet.com Rating: A- What is this?

  • +
  • ALB
    Albemarle Cp
  • $38.80
  • -1.02%
  • $39.29

No Analysis added

People owning ALB also tend to own: AHMAIZAMPAVTAXCABBICASY

TheStreet.com Rating: B+ What is this?

  • +
  • KMX
    Carmax Inc
  • $13.52
  • -2.73%
  • $15.37

No Analysis added

People owning KMX also tend to own: EMESWYBIGBTHDLTRECLGGPN

TheStreet.com Rating: C+ What is this?

  • +
  • PTV
    Pactiv Corp
  • $21.57
  • -1.82%
  • $21.99

No Analysis added

People owning PTV also tend to own: AAIAERCHPCOGDFREEFTGLS

TheStreet.com Rating: C+ What is this?

  • +
  • PVH
    Phillips Van Heus
  • $36.48
  • -1.72%
  • $35.77

No Analysis added

People owning PVH also tend to own: AIRARXTATWBEAVCMGCRZODIOD

TheStreet.com Rating: B- What is this?

  • +
  • WCG
    Wellcare Healthpl
  • $31.56
  • +3.31%
  • $30.83

No Analysis added

People owning WCG also tend to own: BIGBTHDLTRECLGGPNKMXMDRX

TheStreet.com Rating: C+ What is this?

  • +
  • PCLN
    Priceline.com Inc
  • $104.64
  • -5.92%
  • $110.00

No Analysis added

People owning PCLN also tend to own: AAPLACCP.OBAMAGBCSIEMKRFCSXFTGX

TheStreet.com Rating: B+ What is this?

  • +
  • JBX
    Jack In The Box I
  • $20.71
  • -1.29%
  • $21.09

No Analysis added

People owning JBX also tend to own: CMLSLTDSONCTJXCOLDHRIHP

TheStreet.com Rating: B- What is this?

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