Finance & Investing

CGM Focus (CGMFX)
When the stock market turns around, chances are that CGM Focus will be at the head of the pack. Manager Ken Heebner, who has been managing funds since the 1970s, is terrific at identifying themes and picking stocks that will benefit. He holds only about 35 stocks, trades feverishly and often sells short. Although Focus is down 43% this year to October 13, it returned 24% annualized over the past decade.