A Good Mutual Fund for Mid-Cap Stocks

With Hennessy Cornerstone Mid Cap 30's review system, stocks come and go.

You won’t see chicken processor Pilgrim’s Pride and Skechers, the maker of trendy sneakers, at the top of many portfolios. But they’re among the biggest holdings of Hennessy Cornerstone Mid Cap 30, a fund that follows strict rules in search of midsize companies trading at reasonable prices. “Mid caps are more stable than small businesses but also have the potential to grow into large-cap companies,” says Brian Peery, who runs the fund with Neil Hennessy. “They’re the sweet spot of the market all around.”

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Miriam Cross
Associate Editor, Kiplinger's Personal Finance
Miriam lived in Toronto, Canada, before joining Kiplinger's Personal Finance in November 2012. Prior to that, she freelanced as a fact-checker for several Canadian publications, including Reader's Digest Canada, Style at Home and Air Canada's enRoute. She received a BA from the University of Toronto with a major in English literature and completed a certificate in Magazine and Web Publishing at Ryerson University.