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4 Stocks Investors May Want to Consider Adding

J.C. Penney, EnLink, La Quinta and American Airlines could be Texas-sized opportunities for investors.

Shares of J.C. Penney (JCP) - Get J. C. Penney Company, Inc. Report have surged over 50 percent this year as the retailer has gone from death's door to Wall Street darling. Craig Hodges, portfolio manager for the Hodges Small Cap Fund (HDPSX) - Get Hodges Small Cap Retail Report , said J.C. Penney is only beginning to hit its stride. 'The turnaround thesis on Penney's remains intact and one month or one quarter is unlikely to derail the company's path over the next few years,' said Hodges, adding that the 'overall health' of the consumer seems fine, which should give Penney's a boost. Hodges is also bullish on EnLink Midstream (ENLC) - Get EnLink Midstream LLC Report , which has seen its shares rise 11 percent so far in 2016. The natural gas distributor's stock has more than doubled to $17 a share since hitting a $7 low in February. La Quinta (LQ) , which is down 14 percent year-to-date, is another one of Hodges' top picks. The hotel operator is expanding its footprint by adding hotels in Latin America, as well as in urban markets where there are high barriers to entry.

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