Foot Locker, JetBlue & Mohawk Could Help Kickstart Your Portfolio

Brian Peery’s Hennessey Cornerstone Mid-cap 30 Fund has returned 11% thus far in 2015 by investing in names like JetBlue (JBLU), Mohawk Industries (MHK) and Foot Locker (FL).

Author:: Gregg Greenberg
Publish date:: Jul 5, 2015 6:05 AM EDT

JetBlue (JBLU) has seen its shares fly over 30% in the past year as a result of lower oil prices and its new Mint service. Brian Peery, portfolio manager for the Hennessey Cornerstone Mid-cap 30 Fund, said the airline’s stock can sky even higher as it takes market share from legacy carriers. 'I think they’ve done an exceptional job in looking at their competitive advantages and now what they’re doing is really moving upstream with the mint service,' said Peery. Peery’s Hennessey Cornerstone Mid-cap 30 Fund has returned 11% thus far in 2015. Peery is also bullish on Foot Locker (FL), up 18% year-to-date, saying the shoe-seller has performed very well in a tough retail environment. Finally, Peery is positive on Mohawk Industries (MHK), which is up over 22% so far in 2015. TheStreet's Gregg Greenberg has details from Chicago.