NEW YORK (TheStreet) -- Jewelry seller Tiffany and Co. (TIF) - Get Report cut its 2015 sales outlook after an unimpressive holiday season, and its stock has suffered since. But at Arun Daniel, a senior fund manager JO Hambro Capital Management, predicts it's going to make a comeback, and not just because of the brand's undeniable cachet.
"What we specifically like is the new management has come into Tiffany's and is doing a number of things which we think is going to drive re-acceleration in earnings," he explains. First, they're focusing on customer relationship management Second, they'll be raising prices in the second half of the year. Last, and most importantly, they are introducing a number of new products.
Daniel predicts Tiffany shares will pop starting the second half of 2015, and continue upward over the next two years.
Daniel also favors consumer products conglomerate Jarden (JAH) , even though its shares are already up almost 40% over the past year. "The company, even though it has run a lot, is still trading at a massive discount to the other consumer durables companies in the staples category," he says. If that gap narrows as he expects, there's upside to be had for investors who get in now. And beyond that, he still sees more savings and synergies to be had as Jarden integrates Yankee Candle, which it acquired in autumn 2013.
Finally, he's a fan of trucker Old Dominion Freight Line (ODFL) - Get Report, which has been sliding in the past month, after a positive period powered by lower fuel prices. Old Dominion's recent share price decline, he says, has been tied to a pullback in the transportation sector as whole, where investors are predicting a slowdown. But it shouldn't be tarred with the same brush as its rivals, Daniel asserts. Why not? Because Old Dominion is not merely delivering strong earnings, it's taking market share from its competitors-- and that is a recipe for success in any industry.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.