The market has recovered somewhat from its previous plunges. Last week the S&P500 was up about 4.4. Last week’s top five stocks that reached their 52-week lows were The Clorox Company, Avnet Inc, Lincare Holdings Inc, Nektar Therapeutics , USA and Mobility Inc.
The Travel/Leisure and Technology Hardware and Equipment industry continue to be out of favor. 13 stocks in the Technology Hardware and Equipment industry have reached their 52-week lows, while 2 have reached their 52-week highs, giving the Technology Hardware and Equipment industry a low/high ratio of 6.5. 14 stocks in the travel/leisure industry have reached their 52-week lows, while 3 have reached their 52-week highs, giving the travel/leisure industry a low/high ratio if 4.67.
For full details and more information about guru stocks at 52-week lows, click here: http://www.gurufocus.com/52weeklow.php
The Clorox Company (CLX) Reached the 52-Week Low of $55.17
The prices of The Clorox Company (CLX) shares have declined to close the 52-week low of $55.17, which is 21.1% lower than its 52-week high of $69.36. The company is owned by 3 Gurus we are tracking. All have reduced their positions in the company.
The Clorox Company manufactures and markets a range of consumer products. It has a market cap of $7.66 billion; its shares were traded at around $55.17 with a P/E ratio of 16.55 and P/S ratio of 1.52. The dividend yield of The Clorox Company stocks is 2.9%.
The Clorox Company has recently reached a new 52-week low, and the security seems to be struggling and has been pressured by resistance at its 10-week moving averages since the beginning of 2008.
Kenneth Fisher owns 397,328 shares as of 12/31/2007 . Mark Hillman owns 26,417 shares as of 12/31/2007 . John Rogers owns 1,963,678 shares as of 12/31/2007 , a decrease of 33.07% of from the previous quarter.
Executive VP-COO North America Larry Peiros sold 23,000 shares of CLX stock on 11/07/2007 at the average price of $64; the price of the stock has decreased by 13.8% since.
Avnet Inc. (AVT) Reached the 52-Week Low of $27.54
The prices of Avnet Inc. (AVT) shares have declined to close the 52-week low of $27.54, which is 38.1% lower than its 52-week high of $44.68. The company is owned by 4 gurus. Among them, 1 has initiated positions in the company, 1 left them unchanged, 2 reduced their positions, and 1 sold out his holdings.
Avnet, Inc. distributes electronic devices in almost every continent. The company has a market cap of $4.14 billion; its shares were traded at around $27.54 with a P/E ratio of 8.79 and P/S ratio of 0.25.
Avnet has recently announced that its 1 st quarter earnings would be well below what analysts expected, citing lower rebates as well as weaker-than-expected demand for its chip and computer resale business. The stocks fell more than $4.00 at this news.
NWQ Managers bought 284,721 shares in the quarter that ended on 12/31/2007 . Robert Rodriguez owns 3,152,600 shares as of 03/31/2008 , which accounts for 9.25% of the $1.12 billion portfolio of FPA Capital. Arnold Schneider owns 589,480 shares as of 12/31/2007 . Richard Snow sold out his holdings in the quarter that ended on 12/31/2007 .
Director Ray M. Robinson sold 10,000 shares of AVT stock on 11/01/2007 at the average price of $42; the price of the stock has decreased by 34.43% since.
Lincare Holdings Inc. (LNCR) Reached the 52-Week Low of $25.39
The prices of Lincare Holdings Inc. (LNCR) shares have declined to close the 52-week low of $25.39, which is 36.6% lower than its 52-week high of $40.91. Lincare Holdings provides oxygen and other respiratory therapy services to the home health care market in the United States . The company has a market cap of $1.86 billion; its shares were traded at around $25.39 with a P/E ratio of 9.85 and P/S ratio of 1.17.
Lincare has been downgraded by Deutsche Securities from a hold to a sell. Its reductions in Medicare reimbursement is also expected to hurt the company’s revenue throughout the entire 2008.
Lincare Holdings Inc. is owned by 3 Gurus. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions.
Dodge & Cox bought 6,000 shares in the quarter that ended on 12/31/2007 . David Dreman owns 201,850 shares as of 12/31/2007 , which accounts for 0.04% of the $17.23 billion portfolio of Dreman Value Management. Chris Davis owns 817,276 shares as of 12/31/2007 , a decrease of 21.74% of from the previous quarter.
Chairman & CEO, Director John P. Byrnes sold 80,000 shares of LNCR stock on 12/31/2007 at the average price of $35.17; the price of the stock has decreased by 27.81% since.
Nektar Therapeutics (NKTR) Reached the 52-Week Low of $4.89
The prices of Nektar Therapeutics (NKTR) shares have declined to close the 52-week low of $4.89, which is 62.2% lower than its 52-week high of $13.01. Nektar Therapeutics is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions.
Nektar Therapeutics, a biopharmaceutical company, develops various drug products and product candidates using its proprietary drug delivery technologies. The company has a market cap of $451.45 million; its shares were traded at around $4.89 with P/S ratio of 1.61.
Nektar and Pfizer Inc. have developed an inhaled insulin product: Exubera. However, a study shows that a handful of people that have used the drug have developed lung cancer. Pfizer and Nektar both plunged after this news was announced. Nektar dropped over 8%.
Dodge and Cox bought 6,000 shares of NKTR in the fourth quarter 2007, which accounts for less than 0.01% of his portfolio. Jean-Marie Eveillard owns 125,000 shares as of 12/31/2007 , an increase of 150% from the previous quarter. George Soros owns 241,397 shares as of 12/31/2007 , a decrease of 28.24% from the previous quarter.
USA Mobility Inc. (USMO) Reached the 52-Week Low of $6.72
The prices of USA Mobility Inc. (USMO) shares have declined to close the 52-week low of $6.72, which is 76.5% lower than its 52-week high of $28.46. The company provides wireless communications solutions to the healthcare, government, enterprise, and emergency response sectors in the United States . USA Mobility Inc. has a market cap of $183.54 million, a P/S ratio of 0.43, and a dividend yield of 53.3%.
USA Mobility has announced a fourth-quarter net loss of $46.7 million . The company declined to a new 52-week low on this news. It dropped nearly 10%.
USA Mobility Inc. is owned by 1 Guru. He left his positions unchanged. Ruane Cunniff owns 135,000 shares as of 12/31/2007 , which accounts for 0.02% of the $12.64 billion portfolio of Ruane & Cunniff & Goldfarb Inc.
President & CEO, Director Vincent D. Kelly bought 30,000 shares of USMO stock on 03/10/2008 at the average price of $7.34; the price of the stock has decreased by 8.45% since.
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