NEW YORK (TheStreet) -- The S&P 500 has climbed some 10.4% in 2014; with just six weeks left to go, fund managers are looking for a strong finish to end the year. Brian Peery, portfolio manager for the Hennessy Cornerstone Mid Cap 30 Fund, has his eye on three stocks.
The first of his three picks is JetBlue Airways (JBLU) . The stock has "more room to go" as consumers begin to travel more and shake off any remaining fears of Ebola, he said. The company has a great business model and is expanding its routes, which should result in increased business. Its new terminal at JFK Airport is part of that expansion effort.
Another stock he likes is Sketchers USA (SKX) . While shares are up a whopping 72% in 2014 and have a mounting short interest, Peery likes the fundamentals.
Double-digit revenue growth is very difficult to find these days, he said. The company seems likely to continue that strong sales pace and should benefit from increased store locations and fresh marketing campaigns.
His final choice is J.C. Penney (JCP) . The company topped third-quarter EPS estimates but still reported a loss of 77 cents per share. The stock is "really attractively priced down here," he reasoned.
The consumer seems to have "pent-up demand" and a lot of that demand will likely flow into the value-oriented retailer. J.C. Penney is in a good position to benefit from the strong holiday season, he concluded.