According to GuruFocus updates, these Guru stocks have reached their 52-Week Highs: Barrick Gold Corp. (ABX, Financial), Canon Inc. (CAJ, Financial), Cognizant Technology Solutions Corp. (CTSH, Financial), Waste Management Inc. (WM, Financial), and The Chubb Corp. (CB, Financial).
Barrick Gold Corp. (ABX) Reached the 52-Week High of $47.99
Barrick Gold Corporation is a international gold producer with low-cost mines in North and South America. Barrick Gold Corp. has a market cap of $47.3 billion; its shares were traded at around $47.99 with a P/E ratio of 18.18 and P/S ratio of 5.81. The dividend yield of Barrick Gold Corp. stocks is 1%. Barrick Gold Corp. had an annual average earning growth of 14.2% over the past 10 years.
On July 29, Barrick Gold Corporation reported results for the second quarter of 2010. Reported net income rose 59% to a record $783 million ($0.79 per share). Adjusted net income rose 76% to $759 million ($0.77 per share)(1) compared to $431 million ($0.49 per share) in Q2 2009. Operating cash flow rose 42% to $1.02 billion from $718 million in the prior year period and exceeded $2 billion in the first half of 2010.
Barrick Gold Corp. is in the portfolios of NWQ Managers, John Hussman, Jean-Marie Eveillard, Stanley Druckenmiller, Bruce Koyner, Mario Gabelli, RS Investment Management, Eric Mindich, George Soros, Paul Tudor Jones, John Paulson, Steven Cohen, David Dreman, and Kenneth Fisher.
Canon Inc. (CAJ) Reached the 52-Week High of $47.44
Canon, Inc. is an industry leader in professional and consumer imaging equipment and information systems. Canon Inc. has a market cap of $58.83 billion; its shares were traded at around $47.44 with a P/E ratio of 65.89 and P/S ratio of 1.69. The dividend yield of Canon Inc. stocks is 2.51%. Canon Inc. had an annual average earning growth of 8.4% over the past 10 years.
Canon Inc. is in the portfolios of Charles Brandes, Kenneth Fisher, Jim Simons, Bruce Koyner, and Ron Baron.
Cognizant Technology Solutions Corp. (CTSH) Reached the 52-Week High of $66.55
Cognizant Technology Solutions delivers high-quality, cost-effective, full life cycle solutions to complex software development and maintenance problems that companies face as they transition to e-business. Cognizant Technology Solutions Corp. has a market cap of $20.02 billion; its shares were traded at around $66.55 with a P/E ratio of 33.78 and P/S ratio of 6.11. Cognizant Technology Solutions Corp. had an annual average earning growth of 40.3% over the past 10 years. GuruFocus rated Cognizant Technology Solutions Corp. the business predictability rank of 5-star.
On August 3, Cognizant Technology Solutions Corp. reported results for the second quarter of 2010. Revenue for the second quarter of 2010 rose to $1.105 billion, up 42% from $776.6 million in the second quarter of 2009. GAAP net income was $172.2 million, or $0.56 per diluted share, compared to $141.3 million, or $0.47 per diluted share, in the second quarter of 2009.
Cognizant Technology Solutions is in the portfolios of Steve Mandel, John Hussman, Jeremy Grantham, George Soros, and Steven Cohen.
This month, Sell: Vice Chairman Lakshmi Narayanan, Sell: Pres. & MD, Global Delivery , Chandrasekaran Ramakrishnan and Sell: Sr VP, General Counsel & Secr. Steven Schwartz sold shares of CTSH stock. Sell: Pres. & MD, Global Delivery Chandrasekaran Ramakrishnan and Sell: President and CEO Francisco Dsouza sold shares in September.
Waste Management Inc. (WM) Reached the 52-Week High of $36.61
Waste Management Inc. provides integrated waste management services in North America and internationally. Waste Management Inc. has a market cap of $17.48 billion; its shares were traded at around $36.61 with a P/E ratio of 18.21 and P/S ratio of 1.48. The dividend yield of Waste Management Inc. stocks is 3.44%. Waste Management Inc. had an annual average earning growth of 4.4% over the past 10 years.
On July 29, Waste Management, Inc. announced financial results for its second quarter ended June 30, 2010. Revenue for the second quarter of 2010 was $3.16 billion compared with $2.95 billion for the same 2009 period, an increase of $206 million, or 7.0%. Net income for the quarter was $246 million, or $0.51 per diluted share, compared with $247 million, or $0.50 per diluted share, for the second quarter of 2009.
Waste Management is in the portfolios of Bill Gates, Richard Aster Jr., Manning & Napier Advisors, Inc., John Buckingham, Steven Cohen, Columbia Wanger, Mario Gabelli, Paul Tudor Jones, Bruce Koyner, and George Soros.
This month, Sell: President, Wheelabrator Mark A Weidman sold 573 shares of WM stock. Last month, Sell: Sr. VP, Sales and Marketing David A Aardsma, Sell: Senior Vice President Barry H Caldwell, and Sell: Vice President and Treasurer Cherie C Rice sold shares. Sell: Director John C Pope sold 10,000 shares in August.
The Chubb Corp. (CB) Reached the 52-Week High of $57.59
Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. The Chubb Corp. has a market cap of $18.11 billion; its shares were traded at around $57.59 with a P/E ratio of 9.98 and P/S ratio of 1.41. The dividend yield of The Chubb Corp. stocks is 2.57%. The Chubb Corp. had an annual average earning growth of 1.5% over the past 5 years.
Chubb Corporation is in the portfolios of Robert Olstein, Michael Price, Brian Rogers, John Buckingham, Richard perry, James Barrow, Bruce Koyner, Dodge & Cox, Jeremy Grantham, Richard Aster Jr, George Soros, David Dreman, Steven Cohen, and Ruane Cunniff.
Buy: Director Jess Soderberg bought 1,850 shares of CB stock in August. Sell: Director James I Cash sold 2,500 shares in September; Sell: Senior Vice President John J. Kennedy and Sell: Director Karen Hastie Williams sold shares in August, and Sell: Vice Chairman John J Degnan sold 15,000 shares in June.
