January 13, 2023
While the recent turbulence in financial markets has been unsettling, three of the four Hodges Mutual Funds generated positive 2022 returns relative to their respective benchmarks. Although broad repricing of most risk assets resulted in few places to hide in 2022, our focus on companies with sound business fundamentals and reasonable valuations contributed to positive relative performance in several fund strategies.
November 28, 2022
Estimated capital gains for Hodges Fund, Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small Intrinsic Fund.
October 13, 2022
U.S. stocks experienced a dramatic sell-off that accelerated in the final weeks of the third Quarter of 2022, as global economic uncertainty arose from inflationary pressures and the Fed hiked interest rates at the fastest pace in forty years.
August 2, 2022
Eric focuses on the highlights from our second quarter 2022 commentary.
July 13, 2022
U.S. stocks entered bear market territory in the Second Quarter of 2022, as global economic uncertainty arose from inflationary pressures. While the recent turbulence in financial markets has been unsettling, three of the four Hodges Mutual Funds have maintained positive year-to-date returns relative to their respective benchmarks as of June 30, 2022.
April 15, 2022
Volatility once again returned to U.S. stocks in the First Quarter of 2022, as global economic uncertainty arose from inflationary pressures, supply chain challenges, and the Russian invasion of Ukraine. Despite eye-popping inflation numbers and the likelihood of several interest rate increases this year, the S&P 500 Index posted a modest loss of 4.6% in the recent quarter.
January 13, 2022
Although every year has its unique challenges, 2021 had no shortages of uncertainties to navigate, including an ongoing global pandemic, supply chain disruptions, port congestion, labor shortages, inflationary cost pressures, and a polarizing political backdrop. Nevertheless, the market climbed another wall of worry as an abundance of liquidity found its way into U.S. equities as well as most asset classes in 2021.
November 15, 2021
Estimated capital gains for Hodges Fund, Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small Intrinsic Fund.
October 18, 2021
The third quarter of 2021 proved to be a choppy quarter for U.S. equity markets as stocks consolidated gains from the first half of 2021. Despite a challenging third quarter, most of our mutual fund strategies maintained meaningful outperformance relative to their respective benchmarks on a year-to-date basis.
CNBC / September 7, 2021
Eric Marshall, The Hodges Small Cap Fund co-portfolio manager, joins ‘Power Lunch’ to discuss why he says now is the time to own small caps.
The Wall Street Transcript / August 16, 2021
Published July 12, 2021
Eric J. Marshall, CFA, discusses several sectors and companies he believes will do well in the current investing climate. He discusses the recovery over the past year, what is driving this recovery, and what we can expect in the second half of the year.
July 19, 2021
We are pleased to report that the returns for all four of the Hodges Mutual Funds exceed their respective benchmarks.
April 12, 2021
What a difference a year can make!
The Wall Street Journal' Winner Circle / April 5, 2021
Best performers among actively managed, diversified stock funds for the past 12 months. (Not included: index, quant and sector funds, and ETFs in general.) The No. 4 finisher was Hodges Fund (HDPMX)…
April 5, 2021
Director of Research and Portfolio Manager Eric Marshall, CFA, will explore five critical functions of a company's management team and the attributes of a good CEO. The paper addresses how a public company aligns management with shareholders and seeks to identify several key issues to consider when evaluating corporate governance and the fiduciary role of a public company's board of directors.
January 15, 2021
We are pleased to report that all four of the Hodges Funds experienced positive returns in 2020.
Fox Business / December 28, 2020
Eric Marshall shares his insight on a few stock picks going into the new year on “The Claman Countdown.”
November 19, 2020
Estimated capital gains for Hodges Fund, Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small Intrinsic Fund.
CNBC / November 19, 2020
Craig Hodges sees growth opportunities in housing-related stocks as deurbanization trend could continue for years to come.
October 23, 2020
Although business conditions have not played out the way we had expected at the beginning of this year, U.S. stocks, as measured by the S&P 500 Index, experienced a substantial recovery in the September quarter.
July 23, 2020
U.S. stocks staged an impressive comeback in the June quarter.
April 24, 2020
During the March quarter, the stock market and just about every aspect our of everyday life has been meaningfully disrupted by the world-wide spread of the Covid-19 virus.
CNBC / March 23, 2020
Eric Marshall discusses how he’s investing in the market amid the coronavirus sell-off. He advises looking out over the next couple of years to see which companies could best survive this, and sees opportunities in the market as a result.
TD Ameritrade / March 11, 2020
Craig Hodges shares his thoughts on investing during current market uncertainty. Looking long-term, he believes there are opportunities in the unknowns.
January 29, 2020
Despite global economic worries surrounding a looming “trade war” with China, uncertainty of Brexit, and U.S. impeachment hearings, equity markets climbed a wall of worries through much of 2019 to result in the longest bull market in U.S. history.
November 14, 2019
Estimated capital gains for Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small-Mid Cap Fund.
October 28, 2019
The Hodges Funds experienced mixed relative performance in the most recent quarter as U.S. stocks advanced in defiance of an inversion in the yield curve (long-term interest rates falling below short-term interest rates) and uncertainty surrounding international trade.
The Wall Street Transcript / October 7, 2019
Eric Marshall discusses the Hodges Small Cap Fund and says he looks for names that are overlooked by Wall Street. He appreciates the ability to think objectively and independently in order to create value for investors through a bottom-up investment approach.
Yahoo! Finance / September 19, 2019
Discussing value versus growth stocks, Eric Marshall thinks value stocks need to catch up. He says being located in Dallas allows for a different perspective than Wall Street on overlooked companies and that small-caps don’t seem to be as affected by trade.
Bloomberg / September 3, 2019
Craig Hodges shares his strategy for U.S. stocks with Bloomberg's Shery Ahn and Paul Allen. He thinks that the volatility in the market provides buying opportunities and the bottoms-up fundamentals research at Hodges Capital helps find those companies.
July 25, 2019
During the recent quarter, the market digested ongoing uncertainty surrounding a trade deal with China, tempered expectations for earnings growth this year, as well as, an inversion in the yield curve as certain long-term rates slipped below certain short-term rates.
Yahoo! Finance / July 25, 2019
Craig Hodges sees opportunities in small-cap companies that are often overlooked. He shares his insight on specific stocks and why he thinks the gap in performance could close between small and large cap stocks.
Fox Business / June 27, 2019
Craig Hodges discusses the state of the markets and the impact from Federal Reserve policy and U.S. trade tensions with China. He thinks growth is the place to be and is surprised to find growth companies at value prices. He adds that volatility provides opportunities to buy good companies on sale and helps stimulates the economy.
TDAmeritrade / June 10, 2019
Eric Marshall sees opportunities in both growth and value stocks and thinks long-term investors should focus on areas with the best ability to generate earnings and cash flow over long periods of time.
CNBC / May 28, 2019
Despite a difficult year with starts and stops, Craig Hodges thinks it’s a stock-pickers market and sees optimism and opportunities out there.
April 25, 2019
During the recent quarter, the market digested ongoing uncertainty surrounding a trade deal with China, tempered expectations for earnings growth this year, as well as, an inversion in the yield curve as certain long-term rates slipped below certain short-term rates.
Kiplinger / March 6, 2019
The Hodges Fund and Hodges Small-Cap Fund were recognized for how they fared in recent market correction among diversified, actively managed mutual funds.
CNBC / March 5, 2019
Craig Hodges shares his insight on a few stock picks on CNBC’s Markets Now.
CNBC / February 7, 2019
Following the recent market drop, Craig Hodges sees a lot of opportunities in mispriced and overlooked stocks.
February 1, 2019
The final quarter of calendar 2018 proved treacherous for most capital markets around the world and was an especially difficult period for the Hodges Funds, which experienced trailing relative performance.
CNBC / January 18, 2019
Eric Marshall thinks recent market movement is caused by oversold conditions in individual stocks. He’s focused on finding opportunities there and comments on his stock picks.
CNBC / November 29, 2018
Craig Hodges discusses the market's strengths and weaknesses on CNBC’s Power Lunch. He sees Fed policy following the ebb and flow of the market.
CNBC / November 21, 2018
Gary Bradshaw is optimistic about the market and thinks it’s time to play offense. With strong consumer and corporate confidence, he believes we’re in the midst of a correction and potential upcoming catalysts could make the market rally into the end of the year.
Doing It Right Podcast / November 20, 2018
Brothers Craig and Clark Hodges talk with Valerie Sokolosky about running a family business. They talk about growing up together and how their different strengths benefit the firm.
November 13, 2018
Estimated capital gains for Hodges Small Cap Fund, Hodges Small Intrinsic Value Fund, and Hodges Small-Mid Cap Fund.
October 22, 2018
The Hodges Funds experienced mixed relative performance in the most recent quarter as U.S. stocks advanced in defiance of higher interest rates and uncertainty surrounding international trade tensions.
AssetTV / October 16, 2018
Craig Hodges joins Small Cap specialists to discuss opportunities in small caps, the effects on world trading and what's to come in 2019.
October 10, 2018
Like most periods of volatility and uncertainty, we are looking for opportunities during the current sell-off based on our own proprietary valuation work, while not ignoring macro conditions.
CNBC / October 3, 2018
Eric Marshall believes the market pullback is healthy and provides buying opportunities, especially in areas like energy, materials and technology.
CNBC / August 24, 2018
Craig Hodges shares his insight on current market conditions. He thinks the market is in a good spot and sees value in certain areas.
August 1, 2018
Hodges Small Cap Fund (HDPSX) was named to the third quarter 2018 Schwab Mutual Fund OneSource Select List®.
July 25, 2018
Relative returns for the Hodges Funds were lackluster in the recent quarter, as U.S. stocks rallied during the first half of the quarter in reponse to solid year-over-year earnings improvment only to sell off in the last couple weeks of the quarter over uncertainty surrounding international trade tensions.
Kiplinger's / July 5, 2018
The Hodges Small Cap Fund seems to be making a comeback as the fund’s managers stick with their investment strategy to create a portfolio containing a mix of fast-growing and undervalued companies.
CNBC / June 29, 2018
Eric Marshall sees continued improvement in the market, especially among small-cap domestic companies. He thinks the market pullback creates opportunities for those who focus on individual company fundamentals.
CNBC / May 23, 2018
Craig Hodges comments on the midterm election stock market. He thinks we'll see more volatility and a lot of opportunities. He's looking for good companies that go on sale.
Fox Business / May 14, 2018
Craig Hodges discusses the outlook for stocks with Maria Bartiromo. He thinks market volatility provides good stock-buying opportunities.
May 14, 2018
Eric Marshall comments on Texas Pacific Land Trust. He says that the stock has been flying way underneath the radar for years.
April 23, 2018
After an unprecedented lack of volatility in 2017, volatility returned to U.S. equity markets in the first quarter of 2018.
Barron’s / April 4, 2018
For investors willing to do their research, Craig Hodges thinks that there are plenty of value opportunities available. He shares his insight on a few stock picks.
CNBC / March 26, 2018
Eric Marshall sees a lot of opportunities in small-cap stocks, which he believes are very diverse and should be looked at on a case-by-case basis.
Ticker / February 26, 2018
Craig Hodges highlights the investment philosophy, strategy and process for the Hodges Fund and Hodges Small Cap Fund and provides insight on a few stocks.
Fox Business / February 9, 2018
Craig Hodges favors U.S. market and sees recent selloff as a buying opportunity.
CNBC / February 7, 2018
Eric Marshall sees recent market volatility as a buying opportunity to focus on companies with the potential to grow earnings faster.
Asset TV / February 1, 2018
Craig Hodges discusses what makes small caps attractive in the current market environment.
January 23, 2018
The early signs of global growth nourished gains in U.S. stocks, as well as markets around the world in 2017.
Kiplinger / January 5, 2018
Eric Marshall shares his five favorite stocks for 2018. He thinks that these small and midsize stocks have the potential to benefit from the new tax law.
Cheddar / December 7, 2017
Eric Marshall discusses the market outlook for 2018. He sees opportunities in consumer stocks such as retailers, restaurants, transportation and regional banks. He’s bullish on retail as companies transition to online shopping and materials as the U.S. looks to rebuild infrastructure following the hurricanes in the fall.
Fox Business / October 31, 2017
Craig Hodges discusses the impact of potential tax and regulatory reform on the IPO market. He believes there is more money in the marketplace than there are places to invest it as companies tend to remain private in the current environment.
October 23, 2017
Relative returns for the Hodges Funds were mixed in the recent quarter, as the rally in U.S. stocks continued in 3Q17.
CNBC / September 1, 2017
Craig Hodges sees healthy signs in this narrow market. He believes there are a lot of opportunities and shares his insight on a couple of value stock picks.
Fox Business / August 7, 2017
Craig Hodges says the market has been resilient despite the lack of progress with US tax reform. He sees tax reform as game-changer for the economy and stock market, especially small-cap companies.
CNBC / August 1, 2017
As the Dow hovers near a record 22,000, Craig Hodges says it’s been an incredibly narrow market with mispriced stocks and what he sees as disconnects. He thinks the rotation out of the momentum stocks and into some of the laggards is healthy.
July 25, 2017
Relative returns for most of the Hodges Funds were disappointing in the recent quarter, as the rally in U.S. stocks narrowed to only a few segments of the market participating in the gains for much of 2Q17.
BottomLineInc. / June 1, 2017
Craig Hodges believes that the change in the White House has unleashed the “animal spirits” of US business leaders, which is just a way of saying that there’s a renewed optimism in business and a greater willingness to invest.
CNBC / May 12, 2017
Eric Marshall says he’s looking at unloved areas of the market such as industrials, materials, and consumer discretionary. He thinks investors could find value opportunities in those areas.
April 21, 2017
The most recent quarter provided more angst than returns for the Hodges Funds, as stocks bounced around in a fairly tight range for much of 1Q17.
MarketWatch / March 20, 2017
Eric Marshall favors infrastructure stocks whether or not President Trump’s plan to rebuild roads, bridges and airports across the U.S. passes. He says it doesn’t matter who is in office; the U.S. is long overdue for infrastructure spending.
Forbes / February 7, 2017
Craig Hodges believes concentrating in U.S. equities and bottoms-up stock selection have helped the Hodges Fund stand out.
Kiplinger's / February 6, 2017
Midsize company mutual funds fared very well in 2016; see how Hodges Fund fared among its peers.
January 30, 2017
While every year seems to be remarkable in its own way, 2016 felt like an unprecedented year for U.S. stocks, as the S&P 500 experienced one of its worst starts in several decades...
Dallas News / January 9, 2017
Craig Hodges talks about investing in stocks that appear to have been abandoned by investors and analysts.
Investor's Business Daily / December 29, 2016
Craig Hodges,
CNBC / December 21, 2016
Small caps have strong potential to benefit from rollbacks in proposed tax rates and regulations according to Craig Hodges in his conversation with CNBC.
Barron's / December 9, 2016
Craig Hodges is looking to value priced shares in anticipation of corporate tax-breaks that may boost US businesses.
Fox Business / December 7, 2016
Craig Hodges, CIO, discusses the state of the airline sector and where the opportunities are for investors.
CNBC / December 1, 2016
Eric Marshall, Hodges Small Cap Fund, discusses opportunities for small-cap stocks amid the Trump Rally – including a party balloon company.
CNBC / November 29, 2016
Craig Hodges, CIO, joins the conversation with his positive outlook for small caps.
The Wall Street Journal / October 5, 2016
Craig Hodges discusses the current economic environment with Charlie Turner in the Money Matters segment. Listen in as Craig Hodges discusses several industries that are opportunistic and ones to avoid.
BottomLine Inc / October 1, 2016
Craig Hodges speaks to his contrarian investment philosophy and shares his views on 6 of his stock picks.
September 30, 2016
Overall U.S. stocks experienced solid gains for the third quarter of 2016, with the S&P 500 posting a gain of 3.85%. Most major U.S. stock indexes are now up year-to-date despite concerns over...
CNBC PRO / September 30, 2016
In the CNBC PRO talks segment, Mike Santoli sits down in this Q&A session with Craig Hodges who details the investment approach and philosophy at Hodges Capital along with sectors and industry examples where they see opportunity.
Asset TV / September 7, 2016
In this MASTERCLASS segment, Craig Hodges conveys the investment process for Hodges Capital in this economic environment.
IBD / August 26, 2016
The Hodges Fund (HDPMX) recent returns have outperformed the S&P 500 and Eric Marshall shares some stock picks that have helped recent performance.
CNBC / August 24, 2016
Focused on finding hidden opportunities, Craig Hodges shares his opportunistic view on the current marketplace and what sectors they are currently investing in.
CNBC International / July 12, 2016
Eric Marshall shares his economic outlook for the rest of 2016 and how it may impact the Hodges Funds.
Value Investor Insight / May 31, 2016
In this "Take a Fresh Look" section, Eric Marshall reflects and comments on the purchase of Trinity Industries last summer.
May 31, 2016
Director of Research and Portfolio Manager, Eric Marshall, CFA, discusses the hidden potential benefits for active managers associated with the proliferation of the ETF business.
TheStreet / May 24, 2016
Eric Marshall provides insight on 4 recent stock selections for the Hodges Small Cap Fund in the Q&A interview with Gregg Greenburg.
Forbes / May 19, 2016
In a recent Q&A with Wallace Forbes, Gary Bradshaw conveys the investment process of Hodges Blue Chip Equity Fund (HDPBX) and provides insight on recent stock picks.
Investor's Business Daily / March 4, 2016
Following a recent fourth quarter earnings report, one of the Hodges Retail Fund's (HDPMX) top five holdings contributed to the Funds' top performing stock year to date.
D CEO / September 1, 2015
Hodges Capital featured in D CEO for the Mayor Bradford House again!
June 30, 2013
In the past, we have discussed how successful investing involves identifying, measuring and managing risk. Moreover, we believe the best investment decisions require a healthy degree of objectivity, much like a doctor diagnosing a patient.
D CEO / October 1, 2011
Hodges Capital featured in D CEO magazine
September 7, 2011
In the world of investing, “risk” is predominantly viewed as a dirty word. Although it seems natural for investors to think of risk in negative terms, as something to be avoided, we contend it is more appropriate to view risk as a normal function of capitalism that is inseparable from the performance of investment returns.
November 28, 2022
Estimated capital gains for Hodges Fund, Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small Intrinsic Fund.
November 15, 2021
Estimated capital gains for Hodges Fund, Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small Intrinsic Fund.
The Wall Street Transcript / August 16, 2021
Published July 12, 2021
Eric J. Marshall, CFA, discusses several sectors and companies he believes will do well in the current investing climate. He discusses the recovery over the past year, what is driving this recovery, and what we can expect in the second half of the year.
The Wall Street Journal' Winner Circle / April 5, 2021
Best performers among actively managed, diversified stock funds for the past 12 months. (Not included: index, quant and sector funds, and ETFs in general.) The No. 4 finisher was Hodges Fund (HDPMX)…
November 19, 2020
Estimated capital gains for Hodges Fund, Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small Intrinsic Fund.
November 14, 2019
Estimated capital gains for Hodges Small Cap Fund, Hodges Blue Chip Equity Income Fund, and Hodges Small-Mid Cap Fund.
The Wall Street Transcript / October 7, 2019
Eric Marshall discusses the Hodges Small Cap Fund and says he looks for names that are overlooked by Wall Street. He appreciates the ability to think objectively and independently in order to create value for investors through a bottom-up investment approach.
Kiplinger / March 6, 2019
The Hodges Fund and Hodges Small-Cap Fund were recognized for how they fared in recent market correction among diversified, actively managed mutual funds.
November 13, 2018
Estimated capital gains for Hodges Small Cap Fund, Hodges Small Intrinsic Value Fund, and Hodges Small-Mid Cap Fund.
AssetTV / October 16, 2018
Craig Hodges joins Small Cap specialists to discuss opportunities in small caps, the effects on world trading and what's to come in 2019.
October 10, 2018
Like most periods of volatility and uncertainty, we are looking for opportunities during the current sell-off based on our own proprietary valuation work, while not ignoring macro conditions.
August 1, 2018
Hodges Small Cap Fund (HDPSX) was named to the third quarter 2018 Schwab Mutual Fund OneSource Select List®.
Kiplinger's / July 5, 2018
The Hodges Small Cap Fund seems to be making a comeback as the fund’s managers stick with their investment strategy to create a portfolio containing a mix of fast-growing and undervalued companies.
May 14, 2018
Eric Marshall comments on Texas Pacific Land Trust. He says that the stock has been flying way underneath the radar for years.
Barron’s / April 4, 2018
For investors willing to do their research, Craig Hodges thinks that there are plenty of value opportunities available. He shares his insight on a few stock picks.
Ticker / February 26, 2018
Craig Hodges highlights the investment philosophy, strategy and process for the Hodges Fund and Hodges Small Cap Fund and provides insight on a few stocks.
Kiplinger / January 5, 2018
Eric Marshall shares his five favorite stocks for 2018. He thinks that these small and midsize stocks have the potential to benefit from the new tax law.
BottomLineInc. / June 1, 2017
Craig Hodges believes that the change in the White House has unleashed the “animal spirits” of US business leaders, which is just a way of saying that there’s a renewed optimism in business and a greater willingness to invest.
MarketWatch / March 20, 2017
Eric Marshall favors infrastructure stocks whether or not President Trump’s plan to rebuild roads, bridges and airports across the U.S. passes. He says it doesn’t matter who is in office; the U.S. is long overdue for infrastructure spending.
Forbes / February 7, 2017
Craig Hodges believes concentrating in U.S. equities and bottoms-up stock selection have helped the Hodges Fund stand out.
Kiplinger's / February 6, 2017
Midsize company mutual funds fared very well in 2016; see how Hodges Fund fared among its peers.
Dallas News / January 9, 2017
Craig Hodges talks about investing in stocks that appear to have been abandoned by investors and analysts.
Investor's Business Daily / December 29, 2016
Craig Hodges,
Barron's / December 9, 2016
Craig Hodges is looking to value priced shares in anticipation of corporate tax-breaks that may boost US businesses.
BottomLine Inc / October 1, 2016
Craig Hodges speaks to his contrarian investment philosophy and shares his views on 6 of his stock picks.
IBD / August 26, 2016
The Hodges Fund (HDPMX) recent returns have outperformed the S&P 500 and Eric Marshall shares some stock picks that have helped recent performance.
Value Investor Insight / May 31, 2016
In this "Take a Fresh Look" section, Eric Marshall reflects and comments on the purchase of Trinity Industries last summer.
Forbes / May 19, 2016
In a recent Q&A with Wallace Forbes, Gary Bradshaw conveys the investment process of Hodges Blue Chip Equity Fund (HDPBX) and provides insight on recent stock picks.
Investor's Business Daily / March 4, 2016
Following a recent fourth quarter earnings report, one of the Hodges Retail Fund's (HDPMX) top five holdings contributed to the Funds' top performing stock year to date.
D CEO / September 1, 2015
Hodges Capital featured in D CEO for the Mayor Bradford House again!
D CEO / October 1, 2011
Hodges Capital featured in D CEO magazine
August 2, 2022
Eric focuses on the highlights from our second quarter 2022 commentary.
CNBC / September 7, 2021
Eric Marshall, The Hodges Small Cap Fund co-portfolio manager, joins ‘Power Lunch’ to discuss why he says now is the time to own small caps.
Fox Business / December 28, 2020
Eric Marshall shares his insight on a few stock picks going into the new year on “The Claman Countdown.”
CNBC / November 19, 2020
Craig Hodges sees growth opportunities in housing-related stocks as deurbanization trend could continue for years to come.
CNBC / March 23, 2020
Eric Marshall discusses how he’s investing in the market amid the coronavirus sell-off. He advises looking out over the next couple of years to see which companies could best survive this, and sees opportunities in the market as a result.
TD Ameritrade / March 11, 2020
Craig Hodges shares his thoughts on investing during current market uncertainty. Looking long-term, he believes there are opportunities in the unknowns.
Yahoo! Finance / September 19, 2019
Discussing value versus growth stocks, Eric Marshall thinks value stocks need to catch up. He says being located in Dallas allows for a different perspective than Wall Street on overlooked companies and that small-caps don’t seem to be as affected by trade.
Bloomberg / September 3, 2019
Craig Hodges shares his strategy for U.S. stocks with Bloomberg's Shery Ahn and Paul Allen. He thinks that the volatility in the market provides buying opportunities and the bottoms-up fundamentals research at Hodges Capital helps find those companies.
Yahoo! Finance / July 25, 2019
Craig Hodges sees opportunities in small-cap companies that are often overlooked. He shares his insight on specific stocks and why he thinks the gap in performance could close between small and large cap stocks.
Fox Business / June 27, 2019
Craig Hodges discusses the state of the markets and the impact from Federal Reserve policy and U.S. trade tensions with China. He thinks growth is the place to be and is surprised to find growth companies at value prices. He adds that volatility provides opportunities to buy good companies on sale and helps stimulates the economy.
TDAmeritrade / June 10, 2019
Eric Marshall sees opportunities in both growth and value stocks and thinks long-term investors should focus on areas with the best ability to generate earnings and cash flow over long periods of time.
CNBC / May 28, 2019
Despite a difficult year with starts and stops, Craig Hodges thinks it’s a stock-pickers market and sees optimism and opportunities out there.
CNBC / March 5, 2019
Craig Hodges shares his insight on a few stock picks on CNBC’s Markets Now.
CNBC / February 7, 2019
Following the recent market drop, Craig Hodges sees a lot of opportunities in mispriced and overlooked stocks.
CNBC / January 18, 2019
Eric Marshall thinks recent market movement is caused by oversold conditions in individual stocks. He’s focused on finding opportunities there and comments on his stock picks.
CNBC / November 29, 2018
Craig Hodges discusses the market's strengths and weaknesses on CNBC’s Power Lunch. He sees Fed policy following the ebb and flow of the market.
CNBC / November 21, 2018
Gary Bradshaw is optimistic about the market and thinks it’s time to play offense. With strong consumer and corporate confidence, he believes we’re in the midst of a correction and potential upcoming catalysts could make the market rally into the end of the year.
Doing It Right Podcast / November 20, 2018
Brothers Craig and Clark Hodges talk with Valerie Sokolosky about running a family business. They talk about growing up together and how their different strengths benefit the firm.
CNBC / October 3, 2018
Eric Marshall believes the market pullback is healthy and provides buying opportunities, especially in areas like energy, materials and technology.
CNBC / August 24, 2018
Craig Hodges shares his insight on current market conditions. He thinks the market is in a good spot and sees value in certain areas.
CNBC / June 29, 2018
Eric Marshall sees continued improvement in the market, especially among small-cap domestic companies. He thinks the market pullback creates opportunities for those who focus on individual company fundamentals.
CNBC / May 23, 2018
Craig Hodges comments on the midterm election stock market. He thinks we'll see more volatility and a lot of opportunities. He's looking for good companies that go on sale.
Fox Business / May 14, 2018
Craig Hodges discusses the outlook for stocks with Maria Bartiromo. He thinks market volatility provides good stock-buying opportunities.
CNBC / March 26, 2018
Eric Marshall sees a lot of opportunities in small-cap stocks, which he believes are very diverse and should be looked at on a case-by-case basis.
Fox Business / February 9, 2018
Craig Hodges favors U.S. market and sees recent selloff as a buying opportunity.
CNBC / February 7, 2018
Eric Marshall sees recent market volatility as a buying opportunity to focus on companies with the potential to grow earnings faster.
Asset TV / February 1, 2018
Craig Hodges discusses what makes small caps attractive in the current market environment.
Cheddar / December 7, 2017
Eric Marshall discusses the market outlook for 2018. He sees opportunities in consumer stocks such as retailers, restaurants, transportation and regional banks. He’s bullish on retail as companies transition to online shopping and materials as the U.S. looks to rebuild infrastructure following the hurricanes in the fall.
Fox Business / October 31, 2017
Craig Hodges discusses the impact of potential tax and regulatory reform on the IPO market. He believes there is more money in the marketplace than there are places to invest it as companies tend to remain private in the current environment.
CNBC / September 1, 2017
Craig Hodges sees healthy signs in this narrow market. He believes there are a lot of opportunities and shares his insight on a couple of value stock picks.
Fox Business / August 7, 2017
Craig Hodges says the market has been resilient despite the lack of progress with US tax reform. He sees tax reform as game-changer for the economy and stock market, especially small-cap companies.
CNBC / August 1, 2017
As the Dow hovers near a record 22,000, Craig Hodges says it’s been an incredibly narrow market with mispriced stocks and what he sees as disconnects. He thinks the rotation out of the momentum stocks and into some of the laggards is healthy.
CNBC / May 12, 2017
Eric Marshall says he’s looking at unloved areas of the market such as industrials, materials, and consumer discretionary. He thinks investors could find value opportunities in those areas.
CNBC / December 21, 2016
Small caps have strong potential to benefit from rollbacks in proposed tax rates and regulations according to Craig Hodges in his conversation with CNBC.
Fox Business / December 7, 2016
Craig Hodges, CIO, discusses the state of the airline sector and where the opportunities are for investors.
CNBC / December 1, 2016
Eric Marshall, Hodges Small Cap Fund, discusses opportunities for small-cap stocks amid the Trump Rally – including a party balloon company.
CNBC / November 29, 2016
Craig Hodges, CIO, joins the conversation with his positive outlook for small caps.
The Wall Street Journal / October 5, 2016
Craig Hodges discusses the current economic environment with Charlie Turner in the Money Matters segment. Listen in as Craig Hodges discusses several industries that are opportunistic and ones to avoid.
CNBC PRO / September 30, 2016
In the CNBC PRO talks segment, Mike Santoli sits down in this Q&A session with Craig Hodges who details the investment approach and philosophy at Hodges Capital along with sectors and industry examples where they see opportunity.
Asset TV / September 7, 2016
In this MASTERCLASS segment, Craig Hodges conveys the investment process for Hodges Capital in this economic environment.
CNBC / August 24, 2016
Focused on finding hidden opportunities, Craig Hodges shares his opportunistic view on the current marketplace and what sectors they are currently investing in.
CNBC International / July 12, 2016
Eric Marshall shares his economic outlook for the rest of 2016 and how it may impact the Hodges Funds.
TheStreet / May 24, 2016
Eric Marshall provides insight on 4 recent stock selections for the Hodges Small Cap Fund in the Q&A interview with Gregg Greenburg.
April 18, 2023
The first quarter of 2023 proved to be another volatile one for U.S. stocks as market sentiment shifted daily between pricing in a hard, soft, or emergency landing for the economy. While turbulence surrounding bank failures and systemic risk to financial markets is unsettling, we are pleased to report that three Hodges Mutual Funds generated positive first quarter 2023 returns relative to their respective benchmarks. Positive relative performance in several of our fund strategies was attributed to our steadfast focus on companies with sound business fundamentals and reasonable valuations.
January 13, 2023
While the recent turbulence in financial markets has been unsettling, three of the four Hodges Mutual Funds generated positive 2022 returns relative to their respective benchmarks. Although broad repricing of most risk assets resulted in few places to hide in 2022, our focus on companies with sound business fundamentals and reasonable valuations contributed to positive relative performance in several fund strategies.
October 13, 2022
U.S. stocks experienced a dramatic sell-off that accelerated in the final weeks of the third Quarter of 2022, as global economic uncertainty arose from inflationary pressures and the Fed hiked interest rates at the fastest pace in forty years.
July 13, 2022
U.S. stocks entered bear market territory in the Second Quarter of 2022, as global economic uncertainty arose from inflationary pressures. While the recent turbulence in financial markets has been unsettling, three of the four Hodges Mutual Funds have maintained positive year-to-date returns relative to their respective benchmarks as of June 30, 2022.
April 15, 2022
Volatility once again returned to U.S. stocks in the First Quarter of 2022, as global economic uncertainty arose from inflationary pressures, supply chain challenges, and the Russian invasion of Ukraine. Despite eye-popping inflation numbers and the likelihood of several interest rate increases this year, the S&P 500 Index posted a modest loss of 4.6% in the recent quarter.
January 13, 2022
Although every year has its unique challenges, 2021 had no shortages of uncertainties to navigate, including an ongoing global pandemic, supply chain disruptions, port congestion, labor shortages, inflationary cost pressures, and a polarizing political backdrop. Nevertheless, the market climbed another wall of worry as an abundance of liquidity found its way into U.S. equities as well as most asset classes in 2021.
October 18, 2021
The third quarter of 2021 proved to be a choppy quarter for U.S. equity markets as stocks consolidated gains from the first half of 2021. Despite a challenging third quarter, most of our mutual fund strategies maintained meaningful outperformance relative to their respective benchmarks on a year-to-date basis.
July 19, 2021
We are pleased to report that the returns for all four of the Hodges Mutual Funds exceed their respective benchmarks.
April 12, 2021
What a difference a year can make!
January 15, 2021
We are pleased to report that all four of the Hodges Funds experienced positive returns in 2020.
October 23, 2020
Although business conditions have not played out the way we had expected at the beginning of this year, U.S. stocks, as measured by the S&P 500 Index, experienced a substantial recovery in the September quarter.
July 23, 2020
U.S. stocks staged an impressive comeback in the June quarter.
April 24, 2020
During the March quarter, the stock market and just about every aspect our of everyday life has been meaningfully disrupted by the world-wide spread of the Covid-19 virus.
January 29, 2020
Despite global economic worries surrounding a looming “trade war” with China, uncertainty of Brexit, and U.S. impeachment hearings, equity markets climbed a wall of worries through much of 2019 to result in the longest bull market in U.S. history.
October 28, 2019
The Hodges Funds experienced mixed relative performance in the most recent quarter as U.S. stocks advanced in defiance of an inversion in the yield curve (long-term interest rates falling below short-term interest rates) and uncertainty surrounding international trade.
July 25, 2019
During the recent quarter, the market digested ongoing uncertainty surrounding a trade deal with China, tempered expectations for earnings growth this year, as well as, an inversion in the yield curve as certain long-term rates slipped below certain short-term rates.
April 25, 2019
During the recent quarter, the market digested ongoing uncertainty surrounding a trade deal with China, tempered expectations for earnings growth this year, as well as, an inversion in the yield curve as certain long-term rates slipped below certain short-term rates.
February 1, 2019
The final quarter of calendar 2018 proved treacherous for most capital markets around the world and was an especially difficult period for the Hodges Funds, which experienced trailing relative performance.
October 22, 2018
The Hodges Funds experienced mixed relative performance in the most recent quarter as U.S. stocks advanced in defiance of higher interest rates and uncertainty surrounding international trade tensions.
July 25, 2018
Relative returns for the Hodges Funds were lackluster in the recent quarter, as U.S. stocks rallied during the first half of the quarter in reponse to solid year-over-year earnings improvment only to sell off in the last couple weeks of the quarter over uncertainty surrounding international trade tensions.
April 23, 2018
After an unprecedented lack of volatility in 2017, volatility returned to U.S. equity markets in the first quarter of 2018.
January 23, 2018
The early signs of global growth nourished gains in U.S. stocks, as well as markets around the world in 2017.
October 23, 2017
Relative returns for the Hodges Funds were mixed in the recent quarter, as the rally in U.S. stocks continued in 3Q17.
July 25, 2017
Relative returns for most of the Hodges Funds were disappointing in the recent quarter, as the rally in U.S. stocks narrowed to only a few segments of the market participating in the gains for much of 2Q17.
April 21, 2017
The most recent quarter provided more angst than returns for the Hodges Funds, as stocks bounced around in a fairly tight range for much of 1Q17.
January 30, 2017
While every year seems to be remarkable in its own way, 2016 felt like an unprecedented year for U.S. stocks, as the S&P 500 experienced one of its worst starts in several decades...
September 30, 2016
Overall U.S. stocks experienced solid gains for the third quarter of 2016, with the S&P 500 posting a gain of 3.85%. Most major U.S. stock indexes are now up year-to-date despite concerns over...
April 5, 2021
Director of Research and Portfolio Manager Eric Marshall, CFA, will explore five critical functions of a company's management team and the attributes of a good CEO. The paper addresses how a public company aligns management with shareholders and seeks to identify several key issues to consider when evaluating corporate governance and the fiduciary role of a public company's board of directors.
May 31, 2016
Director of Research and Portfolio Manager, Eric Marshall, CFA, discusses the hidden potential benefits for active managers associated with the proliferation of the ETF business.
June 30, 2013
In the past, we have discussed how successful investing involves identifying, measuring and managing risk. Moreover, we believe the best investment decisions require a healthy degree of objectivity, much like a doctor diagnosing a patient.
September 7, 2011
In the world of investing, “risk” is predominantly viewed as a dirty word. Although it seems natural for investors to think of risk in negative terms, as something to be avoided, we contend it is more appropriate to view risk as a normal function of capitalism that is inseparable from the performance of investment returns.
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-866-811-0224. The fund imposes a 1.00% redemption fee on shares held less than 30 days. Performance data does not reflect the redemption fee. If reflected, total returns would be reduced.
Click here for performance as of the most recent quarter end for each of the Hodges Funds and these indexes: S&P 500, and Russell® 1000, 2000, 2000 Value and 2500.
Past performance does not guarantee future results.
Click here for the most recent Hodges Fund holdings.
Click here for the most recent Hodges Small Cap Fund holdings.
Click here for the most recent Hodges Small Intrinsic Value Fund holdings.
Click here for the most recent Hodges Blue Chip Equity Income Fund holdings.
Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.
Diversification does not assure a profit, nor does it protect against a loss in a declining market.
Index Definitions:
The Russell 2000 Index consists of the smallest 2,000 companies in a group of 3,000 U.S. companies in the Russell 3000 Index, as ranked by market capitalization.
The Russell 2000 Value Index measures the performance of small-cap value segment of the U.S. equity universe. It includes those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values. The Russell 2000 Value Index is constructed to provide a comprehensive and unbiased barometer for the small-cap value segment. The Index is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true small-cap opportunity set and that the represented companies continue to reflect value characteristics.
The Russell 2500 Index consists of the smallest 2,500 companies in a group of 3,000 U.S. companies in the Russell 3000 Index, as ranked by market capitalization.
The S&P 500 is an index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe.
One cannot invest directly in an index.
April 18, 2023
Manager’s Commentary - First Quarter 2023 Review
The first quarter of 2023 proved to be another volatile one for U.S. stocks as market sentiment shifted daily between pricing in a hard, soft, or emergency landing for the economy. While turbulence surrounding bank failures and systemic risk to financial markets is unsettling, we are pleased to report that three Hodges Mutual Funds generated positive first quarter 2023 returns relative to their respective benchmarks. Positive relative performance in several of our fund strategies was attributed to our steadfast focus on companies with sound business fundamentals and reasonable valuations.