CNBC Stock Blog
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Art Cashin: Caution 'Growing' in Financials, Dividend Moves
- 3 Software Stock Picks from Lazard's Senior Analyst
- Investors Bet on a New Year's Rally For eBay
- Why You Should Play the Reflation Trade: Stock Picker
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Gold Retreats from Record High as Dollar Rebounds
- China Unveils Carbon Target Ahead of Copenhagen
- US Markets Bracing for Selloff On Worries About Dubai's Debt
- UK's Darling to Downgrade 2009 Growth Forecast
- No Thanksgiving Rest for Retailers in Sales Race
- Euro Shares Record Biggest Drop in 7 Months
- Hyundai-Kia Targets Rapid China Growth in 2010
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- US Markets Bracing for Selloff on Dubai Debt Worries
- US Dollar Falls to 14-Year Low Against the Yen
- No Thanksgiving Rest for Retailers in Sales Race
- UK's Darling to Downgrade 2009 Growth Forecast
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Bankruptcies Jump, Hitting Highest Level in Four Years
RSS FEED
Text Size 
CNBC News Associate
Craig Hodges, co-portfolio manager at The Hodges Fund & Hodges Small Cap Fund, said he is optimistic on small-cap companies and sees the next five years as “outstanding investment time.” He shared his insights on where investors should put their money. (See his stock picks, below.)
“We’re finding a lot of opportunities—we’re bottoms-up investors so we don’t pay attention to a lot of the outside noise,” Hodges told CNBC.
“We look for undiscovered opportunities and a lot of our gains have been in energy and some of the transportation stocks. But we’re seeing a lot of stocks that are uncovered, that the Street isn’t paying attention to, so we’re fairly optimistic.”
Hodges said he likes the energy business, specifically the deep-water drillers.
“Transocean’s [RIG
Loading...
()
] our largest position. But in the small cap fund, our largest position is Atwood Oceanics [ATW
Loading...
()
],” he said. “It’s the one area in the energy business that has tremendous earnings. Most of the stocks in that group trade about 5 times earnings and so there’s a lot of good value there.”
Additionally, Hodges said he is excited about the airline and newspaper businesses—sectors that are considered “very, very contrary.”
“At the point of maximum pessimism, that’s when the best buys are made and we see some opportunities there as well,” he said.
Hodges’ Picks:
Belo [BLC
Loading...
()
]
Continental Airlines [CAL
Loading...
()
]
Gannett [GCI
Loading...
()
]
Omnivision Technology [OVTI
Loading...
()
]
______________________________
Disclosure:
Hodges does not own shares of BLC, CAL, GCI, OVTI.
______________________________
CNBC Slideshows:
______________________________
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes