Hennessy Funds Manager Talks Long-Term Outlook, Recommends JC Penney and JetBlue

Manager appeared on CNBC this morning and said he is buying on dips

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Apr 06, 2016
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Brian Leery, portfolio manager at Hennessy Funds, thinks that long term there are good fundamentals in the economy. He also said the increasing savings of consumers will lead to larger purchases after the political situation becomes more clear. J.C. Penney (JCP, Financial) is one of his top picks as low oil prices help the lower to mid-middle class have more discretionary income. His other recommendations are JetBlue (JBLU) and Lithium Motors (LAD, Financial).