Guru Stocks at 52-Week Low: CSCO, ABT, LMT, LMT, ETR

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Dec 06, 2010
Last week’s top five stocks that reached their 52-week lows were Cisco Systems Inc, Abbott Laboratories, Lockheed Martin Corp, Entergy Corp, and British Airways plc. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Cisco Systems Inc. (CSCO, Financial) Reached the 52-Week Low of $19.07

The prices of Cisco Systems Inc. (CSCO) shares have declined to close to the 52-week low of $19.07, which is 30.8% off the 52-week high of $27.57. Cisco Systems Inc. is owned by 30 Gurus we are tracking. Among them, 15 have added to their positions during the past quarter. 19 reduced their positions.

Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $106.51 billion; its shares were traded at around $19.07 with a P/E ratio of 12.97 and P/S ratio of 2.66. Cisco Systems Inc. had an annual average earning growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.

CSCO recently reported its third quarter results for the period ended May 1, 2010. Cisco reported third quarter net sales of $10.4 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.2 billion or $0.37 per share, and non-GAAP net income of $2.5 billion or $0.42 per share.

David Tepper bought 6,013,386 shares in the quarter that ended on 09/30/2010, which is 3.93% of the $3.35 billion portfolio of APPALOOSA MANAGEMENT LP. Whitney Tilson bought 58,000 shares in the quarter that ended on 09/30/2010, which is 0.23% of the $578 million portfolio of T2 Partners Management, LP. George Soros owns 24,800 shares as of 09/30/2010, a decrease of 21.27% of from the previous quarter. This position accounts for 0.01% of the $6.69 billion portfolio of Soros Fund Management LLC. Ken Heebner sold out his holdings in the quarter that ended on 09/30/2010.



Sell: Chairman and CEO John T Chambers sold 243,178 shares of CSCO stock on 08/18/2010 at the average price of 22.5. John T Chambers owns at least 3,098,451 shares after this. The price of the stock has decreased by 15.24% since. Other insiders have also decreased their positions in the company.

Abbott Laboratories (ABT, Financial) Reached the 52-Week Low of $47.37

The prices of Abbott Laboratories (ABT) shares have declined to close to the 52-week low of $47.37, which is 18.5% off the 52-week high of $56.24. Abbott Laboratories is owned by 25 Gurus we are tracking. Among them, 8 have added to their positions during the past quarter. 14 reduced their positions.

ABT recently reported its third quarter results. Diluted earnings per share, excluding specified items, were $1.05, reflecting 14.1 percent growth, at the high end of Abbott's previously issued guidance range of $1.03 to $1.05. Diluted earnings per share under Generally Accepted Accounting Principles (GAAP) were $0.57, primarily reflecting costs associated with recently announced restructuring actions for the integration of the Solvay Pharmaceuticals acquisition.

Abbott Laboratories is a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Abbott Laboratories has a market cap of $73.23 billion; its shares were traded at around $47.37 with a P/E ratio of 11.7 and P/S ratio of 2.38. The dividend yield of Abbott Laboratories stocks is 3.72%. Abbott Laboratories had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 4.5-star.

Mario Gabelli owns 437,060 shares as of 09/30/2010, which accounts for 0.1% of the $23.32 billion portfolio of GAMCO Investors. Robert Bruce owns 80,000 shares as of 09/30/2010, which accounts for 3.7% of the $109 million portfolio of Bruce & Co., Inc.. John Hussman owns 2,000,000 shares as of 09/30/2010, which accounts for 1.45% of the $7.2 billion portfolio of Hussman Economtrics Advisors, Inc..

Buy: Director William A Osborn bought 3,000 shares of ABT stock on 07/29/2010 at the average price of 49.14. William A Osborn owns at least 20,490 shares after this. The price of the stock has decreased by 3.6% since.

Lockheed Martin Corp. (LMT, Financial) Reached the 52-Week Low of $69.18

The prices of Lockheed Martin Corp. (LMT, Financial) shares have declined to close to the 52-week low of $69.18, which is 21.7% off the 52-week high of $86.92. Lockheed Martin Corp. is owned by 23 Gurus we are tracking. Among them, 11 have added to their positions during the past quarter. 13 reduced their positions.

Lockheed Martin Corp. is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. Lockheed Martin Corp. has a market cap of $24.91 billion; its shares were traded at around $69.18 with a P/E ratio of 9.7 and P/S ratio of 0.55. The dividend yield of Lockheed Martin Corp. stocks is 4.34%. Lockheed Martin Corp. had an annual average earning growth of 17% over the past 10 years. GuruFocus rated Lockheed Martin Corp. the business predictability rank of 2.5-star.

LMT recently reported third quarter 2010 net sales of $11.4 billion, a 6 percent increase over the $10.8 billion in 2009. Earnings from continuing operations for the third quarter of 2010 were $565 million, or $1.55 per diluted share, compared to $786 million, or $2.04 per diluted share, in 2009.

Jean-Marie Eveillard bought 995,021 shares in the quarter that ended on 09/30/2010, which is 0.45% of the $15.82 billion portfolio of First Eagle Investment Management, LLC. Chris Davis owns 2,493,328 shares as of 09/30/2010, an increase of 15783.1% from the previous quarter. This position accounts for 0.32% of the $55.71 billion portfolio of Davis Selected Advisers. Mario Gabelli owns 31,352 shares as of 09/30/2010, a decrease of 20.13% of from the previous quarter. This position accounts for 0.01% of the $23.32 billion portfolio of GAMCO Investors. David Einhorn sold out his holdings in the quarter that ended on 09/30/2010.

Buy: Director Thomas J Falk bought 5,000 shares of LMT stock on 08/17/2010 at the average price of 73.02. Thomas J Falk owns at least 5,250 shares after this. The price of the stock has decreased by 5.26% since.

Entergy Corp. (ETR, Financial) Reached the 52-Week Low of $72.39

The prices of Entergy Corp. (ETR) shares have declined to close to the 52-week low of $72.39, which is 15.9% off the 52-week high of $84.07. Entergy Corp. is owned by 11 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 7 reduced their positions.

Entergy Corporation engages principally in the following businesses: domestic utility operations, power marketing and trading, global power development, and domestic non-utility nuclear operations. Entergy Corp. has a market cap of $13.1 billion; its shares were traded at around $72.39 with a P/E ratio of 9.59 and P/S ratio of 1.22. The dividend yield of Entergy Corp. stocks is 4.59%. Entergy Corp. had an annual average earning growth of 7.1% over the past 10 years. GuruFocus rated Entergy Corp. the business predictability rank of 2.5-star.

Jean-Marie Eveillard owns 200 shares as of 09/30/2010, which accounts for less than 0.01% of the $15.82 billion portfolio of First Eagle Investment Management, LLC. Mario Gabelli owns 7,500 shares as of 09/30/2010, which accounts for less than 0.01% of the $23.32 billion portfolio of GAMCO Investors. George Soros owns 3,200 shares as of 09/30/2010, a decrease of 79.49% of from the previous quarter. This position accounts for less than 0.01% of the $6.69 billion portfolio of Soros Fund Management LLC.

Sell: Chairman and CEO J Wayne Leonard sold 227,954 shares of ETR stock on 08/10/2010 at the average price of 79.11. J Wayne Leonard owns at least 360,683 shares after this. The price of the stock has decreased by 8.49% since. Other insiders have also decreased their positions in the company.

British Airways plc (BAB) Reached the 52-Week Low of $25.16

The prices of British Airways plc (BAB) shares have declined to close to the 52-week low of $25.16, which is 78.9% off the 52-week high of $114.67. British Airways plc is owned by 1 Gurus we are tracking. Among them, 1 have added to their positions during the past quarter. 0 reduced their positions. British Airways Plc has a market cap of $11.55 billion; its shares were traded at around $25.16 with a P/E ratio of 51.7 and P/S ratio of 0.6.

John Keeley owns 56,000 shares as of 09/30/2010, an increase of 600% from the previous quarter. This position accounts for 0.03% of the $5.76 billion portfolio of Keeley Fund Management.