Guru Stocks at 52-Week Lows: CSCO, ABT, LMT, ISRG, CAG

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Nov 20, 2010
Last week’s top five stocks that reached their 52-week lows were Cisco Systems, Abbott Laboratories, Lockheed Martin Corp, Intuitive Surgical Inc, and ConAgra Foods Inc.


According to GuruFocus updates, these Guru stocks have reached their 52-week lows.


Cisco Systems Inc. (CSCO, Financial) Reached the 52-Week Low of $19.61


The prices of Cisco Systems Inc. (CSCO) shares have declined to close to the 52-week low of $19.61, which is 29.6% off the 52-week high of $27.57. Cisco Systems Inc. is owned by 30 Gurus we are tracking. Among them, 14 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 $109.52 billion; its shares were traded at around $19.61 with a P/E ratio of 13.3 and P/S ratio of 2.7. 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.


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. 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 12.84% since. Other insiders have also decreased their positions in the company.


Abbott Laboratories (ABT, Financial) Reached the 52-Week Low of $47.4


The prices of Abbott Laboratories (ABT) shares have declined to close to the 52-week low of $47.4, which is 18.5% off the 52-week high of $56.24. Abbott Laboratories is owned by 25 Gurus we are tracking. Among them, 9 have added to their positions during the past quarter. 14 reduced their positions.


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 $73.17 billion; its shares were traded at around $47.4 with a P/E ratio of 11.7 and P/S ratio of 2.4. The dividend yield of Abbott Laboratories stocks is 3.7%. 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.. Tom Gayner owns 70,000 shares as of 09/30/2010, which accounts for 0.22% of the $1.67 billion portfolio of Markel Gayner Asset Management Corp.


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 3.54% since.


Lockheed Martin Corp. (LMT, Financial) Reached the 52-Week Low of $69.43


The prices of Lockheed Martin Corp. (LMT) shares have declined to close to the 52-week low of $69.43, which is 21.2% 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 $25.17 billion; its shares were traded at around $69.43 with a P/E ratio of 9.7 and P/S ratio of 0.6. The dividend yield of Lockheed Martin Corp. stocks is 3.6%. 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.


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 4.92% since.


Intuitive Surgical Inc. (ISRG, Financial) Reached the 52-Week Low of $247.5


The prices of Intuitive Surgical Inc. (ISRG) shares have declined to close to the 52-week low of $247.5, which is 36.2% off the 52-week high of $388.01. Intuitive Surgical Inc. is owned by 8 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 2 reduced their positions.


Intuitive Surgical, Inc. designs and manufactures the da Vinci Surgical System. Intuitive Surgical Inc. has a market cap of $9.74 billion; its shares were traded at around $247.5 with a P/E ratio of 29.4 and P/S ratio of 9.2. Intuitive Surgical Inc. had an annual average earning growth of 70.4% over the past 5 years.


ISRG recently reported third quarter of 2010 revenue of $344 million, up from $280 million for the third quarter of 2009. Commenting on the announcement, Gary Guthart, President and CEO of Intuitive Surgical, said, "In the face of seasonal and broader economic challenges, we continue to focus on developing our organization, improving our performance and creating and bringing to market exceptional products that deliver superior patient value."


John Hussman bought 187,000 shares in the quarter that ended on 09/30/2010, which is 0.74% of the $7.2 billion portfolio of Hussman Economtrics Advisors, Inc.. Ron Baron owns 309,949 shares as of 09/30/2010, which accounts for 0.58% of the $15.15 billion portfolio of Baron Funds. Dodge & Cox owns 800 shares as of 09/30/2010, which accounts for less than 0.01% of the $79.16 billion portfolio of Dodge & Cox. Jean-Marie Eveillard owns 800 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.


Buy: Director Amal M Johnson bought 1,000 shares of ISRG stock on 09/13/2010 at the average price of 281.05. Amal M Johnson owns at least 1,000 shares after this. The price of the stock has decreased by 11.94% since.


ConAgra Foods Inc. (CAG, Financial) Reached the 52-Week Low of $21.48


The prices of ConAgra Foods Inc. (CAG) shares have declined to close to the 52-week low of $21.48, which is 19.6% off the 52-week high of $26.28. ConAgra Foods Inc. is owned by 6 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 3 reduced their positions.


ConAgra Foods has transformed itself into an industry-leading, branded, and value-added food company. Conagra Foods Inc. has a market cap of $9.45 billion; its shares were traded at around $21.48 with a P/E ratio of 12.7 and P/S ratio of 0.8. The dividend yield of Conagra Foods Inc. stocks is 4.3%. Conagra Foods Inc. had an annual average earning growth of 4.8% over the past 5 years.


CAG recently reported results for the fiscal 2011 first quarter ended Aug. 29, 2010. Diluted EPS from continuing operations was $0.32, including $0.02 per diluted share of net expense from items impacting comparability.


Mario Gabelli owns 286,000 shares as of 09/30/2010, which accounts for 0.03% of the $23.32 billion portfolio of GAMCO Investors. Jean-Marie Eveillard owns 26,794 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.


Sell: Director Mogens C Bay sold 7,500 shares of CAG stock on 06/28/2010 at the average price of 24. Mogens C Bay owns at least 36,100 shares after this. The price of the stock has decreased by 10.5% since.