Brian Macauley looks for companies operating in large markets that can grow their market share.
This year, which direction the stock market could go has been a point of contention.
His sweet spot is smaller companies operating within a large market that have the potential to go from a 5% market share to 25%.
An attractive growth opportunity; his picks typically have a small market share in a large market and are well-positioned to gain market share.
CarMax (KMX) is another example of a business expected to grow its market share within the used car sector.
Persons:
Brian Macauley, Lauren Goodwin, Morgan Stanley, Hennessy, Macauley, Sunbelt
Organizations:
Hennessy Funds, Morningstar, Sunbelt Rentals, Fund
Locations:
North America