The market was up 6.8% last week, and many stocks have recovered from their previous plunges. Last week’s top five out of favor stocks that reached their 52-week lows were The Dow Chemical Company, Lorillard, STERIS Corp, PDL BioPharma Inc, and TakeTwo Interactive Software Inc.

Last week’s top two out of favor industries were the Personal and Household goods and Chemicals industry. 17 stocks in the Personal and Household Goods industry have reached their 52-week lows, while 7 have reached their 52-week highs, giving the industry a low/high ratio of 2.43. In the Chemicals industry, 2 stocks have reached their 52-week lows, while 3 have reached their 52-week highs, giving the industry a low/high ratio of 0.67.
For full details about guru stocks at 52-week low and more information, click here: :c1b0:http://www.gurufocus.com/52weeklow.php:/c1b0:.

The Dow Chemical Company (DOW) Reached the 52-Week Low of $15.41

The prices of The Dow Chemical Company (DOW) shares have declined to close to the 52-week low of $15.41, which is 61.2% off the 52-week high of $42.88. The Dow Chemical Company is owned by 10 Gurus we are tracking. Among them, 4 have added to their positions during the past quarter. 5 reduced their positions.

Dow Chemical Company is a science and technology company that provides innovative chemical plastic and agricultural products and services to many essential consumer markets. The company has a market cap of $17.87 billion; its shares were traded at around $15.41 with a P/E ratio of 5.97 and P/S ratio of 0.33. The dividend yield of The Dow Chemical Company stocks is 8.69%. The Dow Chemical Company had an annual average earning growth of 3.8% over the past 10 years.

The Dow Chemical Company recently acquired Rohm and Haas, which made the company the largest Specialty Chemicals and Advanced Materials Company in the world. Dow purchased all of Rohm and Haas’ common stock for $78 per share.

HOTCHKIS & WILEY owns 16,033,200 shares as of 09/30/2008, an increase of 25.47% from the previous quarter. Richard Aster Jr owns 19,500 shares as of 09/30/2008, which accounts for 0.02% of the $2.63 billion portfolio of Meridian Fund. Tweedy Browne owns 16,760 shares as of 09/30/2008, a decrease of 23.33% of from the previous quarter.
President and CEO, Director Andrew N Liveris bought 20,000 shares of DOW stock on 11/11/2008 at the average price of $23; the price of the stock has decreased by 33% since.

Lorillard (LO) Reached the 52-Week Low of $55.22

The prices of Lorillard (LO) shares have declined to close to the 52-week low of $55.22, which is 37.6% off the 52-week high of $88.42. Lorillard is owned by 5 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 2 reduced their positions.

LORILLARD is the third largest manufacturer of cigarettes in the United States. The company has a market cap of $9.38 billion; its shares were traded at around $55.22 with a P/E ratio of 11.65 and P/S ratio of 2.36. The dividend yield of Lorillard stocks is 6.59%.

Lorillard recently reported its third quarter 2008 financial results. The company announced that its net sales increase 7.8%, and Operating Income increased 9.8%. The company paid dividend of 92 cents per share and also repurchased about 4 million shares. It reported net income $1.38 per share.

George Soros bought 20,000 shares in the quarter that ended on 09/30/2008, which is 0.05% of the $2.81 billion portfolio of Soros Fund Management LLC. David Williams owns 4,300,000 shares as of 09/30/2008, which accounts for 3.72% of the $8.23 billion portfolio of Columbia Value and Restructuring Fund. NWQ Managers owns 4,330,119 shares as of 09/30/2008, a decrease of 29.35% of from the previous quarter. This position accounts for 1.49% of the $20.62 billion portfolio of NWQ Investment Management Co.

STERIS Corp. (STE) Reached the 52-Week Low of $23.9

The prices of STERIS Corp. (STE) shares have declined to close to the 52-week low of $23.9, which is 39.7% off the 52-week high of $38.38.

STERIS Corp. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 1 reduced their positions.

STERIS Corporation is a leading provider of infection prevention contamination prevention and surgical support systems products services and technologies to healthcare scientific research and industrial Customers throughout the world. The Company has a market cap of $1.38 billion; its shares were traded at around $23.9 with a P/E ratio of 12.69 and P/S ratio of 1.09. The dividend yield of STERIS Corp. stocks is 1.36%. STERIS Corp. had an annual average earning growth of 10.1% over the past 10 years.

Kenneth Fisher owns 1,602,825 shares as of 09/30/2008, which accounts for 0.19% of the $31.63 billion portfolio of Fisher Asset Management, LLC. Edward Owens owns 850,000 shares as of 09/30/2008, which accounts for 0.16% of the $19.71 billion portfolio of Vanguard Health Care Fund. Richard Aster Jr owns 888,100 shares as of 09/30/2008, which accounts for 1.27% of the $2.63 billion portfolio of Meridian Fund.
President & CEO, Director Walter M Jr Rosebrough sold 5,000 shares of STE stock on 10/01/2008 at the average price of $37.17; the price of the stock has decreased by 35.7% since.

PDL BioPharma Inc. (PDLI) Reached the 52-Week Low of $6.25

The prices of PDL BioPharma Inc. (PDLI) shares have declined to close to the 52-week low of $6.25, which is 65.8% off the 52-week high of $17.69.

PDL BioPharma Inc. is owned by 3 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 2 reduced their positions.

Protein Design Labs Inc. is a biopharmaceutical company focused on the research development and commercialization of novel therapies for inflammation and autoimmune diseases acute cardiac conditions and cancer. PDL markets several biopharmaceutical products in the United States through its hospital sales force and wholly-owned subsidiary ESP Pharma Inc. It has a market cap of $740.94 million; its shares were traded at around $6.25 with a P/E ratio of 17.71 and P/S ratio of 2.86.

Jean-Marie Eveillard owns 1,542,250 shares as of 09/30/2008, an increase of 49.06% from the previous quarter. This position accounts for 0.15% of the $9.67 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Seth Klarman owns 13,860,460 shares as of 09/30/2008, which accounts for 7.87% of the $1.64 billion portfolio of The Baupost Group. Edward Owens sold out his holdings in the quarter that ended on 09/30/2008.

TakeTwo Interactive Software Inc. (TTWO) Reached the 52-Week Low of $7.95

The prices of TakeTwo Interactive Software Inc. (TTWO) shares have declined to close to the 52-week low of $7.95, which is 72.1% off the 52-week high of $27.65.

TakeTwo Interactive Software Inc. is owned by 3 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 2 reduced their positions.

Take-Two Interactive Software Inc. is a leading worldwide developer publisher and distributor of interactive software games. The has a market cap of $599.1 million; its shares were traded at around $7.95 with a P/E ratio of 5.55 and P/S ratio of 0.39.

Take Two Interactive Inc. recently reported its fourth quarter fiscal 2008 results. The company announced that it achieved record revenue and net income for fiscal year 2008. The company reported that its net revenue was up about 10% compared to a year ago. Fourth quarter sales were led by Midnight Club: Los Angeles, NBA 2K9, Grand Theft Auto IV and Carnival Games titles.

Joel Greenblatt bought 26,972 shares in the quarter that ended on 09/30/2008, which is 0.7% of the $63 million portfolio of Gotham Capital. Carl Icahn bought 461,128 shares in the quarter that ended on 09/30/2008, which is 0.17% of the $4.47 billion portfolio of Icahn Capital Management LP. Arnold Schneider owns 1,296,977 shares as of 09/30/2008, which accounts for 0.95% of the $2.25 billion portfolio of Schneider Capital Management. Richard Perry sold out his holdings in the quarter that ended on 09/30/2008.

Chief Financial Officer Lainie Goldstein sold 2,581 shares of TTWO stock on 12/29/2008 at the average price of $7.55; the price of the stock has increased by 5.3% since.


Stocks Discussed: DOW, LO, STE, PDLI, TTWO,

Rate this post:

Currently 3.67/5 1 2 3 4 5 Rating: 3.7/5 (3 votes)