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Weekly Guru Bargains Highlights: DAL, CREE, BBY, FFIV, CFFN.

March 26, 2011 | About:
GuruFocus

hyperman299

4 followers
Last week’s top five guru bargain stocks were DAL, CREE, BBU, FFIV, and CFFN. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

DELTA AIR LINES INC. (DAL): Down 25% Since Pioneer Investments Bought In the Quarter Ended on 2010-12-31

Pioneer Investments added to his holdings in Airlines company Delta Air Lines Inc. by 23.44% during the quarter ended 12/31/2010. The company owned 957,433 shares of as of 12/31/2010.

Delta is America's fastest growing international carrier. Delta Air Lines Inc. has a market cap of $8.18 billion; its shares were traded at around $9.8 with a P/E ratio of 5.7 and P/S ratio of 0.3.

Ronald Muhlenkamp bought 1,667,335 shares in the quarter that ended on 12/31/2010, which is 2.95% of the $711 million portfolio of Muhlenkamp Fund. Michael Price bought 25,833 shares in the quarter that ended on 12/31/2010, which is 0.05% of the $593 million portfolio of MFP Investors LLC. Ken Heebner sold out his holdings in the quarter that ended on 12/31/2010.

Sell: Senior Vice President & CFO Hank Halter sold 10,000 shares of DAL stock on 02/11/2011 at the average price of 12. Hank Halter owns at least 217,535 shares after this. The price of the stock has decreased by 18.33% since. Other insiders have also decreased their positions in the company.

Cree Inc. (CREE): Down 24% Since Steven Cohen Bought In the Quarter Ended on 2010-12-31

Steven Cohen added to his holdings in Semiconductors company Cree Inc. by 226.8% during the quarter ended 12/31/2010. He owned 20,742 shares of as of 12/31/2010. Cree, Inc. is a market-innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Cree Inc. has a market cap of $4.91 billion; its shares were traded at around $44.85 with a P/E ratio of 23.2 and P/S ratio of 5.6. Cree Inc. had an annual average earnings growth of 7.5% over the past 10 years.

CREE recently announced revenue of $257.0 million for its second quarter of fiscal 2011, ended December 26, 2010. This represents a 29% increase compared to revenue of $199.5 million reported for the second fiscal quarter last year and a 4% decrease compared to the first quarter of fiscal 2011. GAAP net income for the second quarter increased 47% year-over-year to $49.8 million, or $0.45 per diluted share, compared to GAAP net income of $33.8 million, or $0.32 per diluted share, for the second quarter of fiscal 2010. On a non-GAAP basis, net income for the second quarter of fiscal 2011 increased 51% year-over-year to $60.7 million, or $0.55 per diluted share, compared to non-GAAP net income for the second quarter of fiscal 2010 of $40.2 million, or $0.38 per diluted share.

PRIMECAP Management owns 8,435,807 shares as of 12/31/2010, which accounts for 0.83% of the $67.24 billion portfolio of PRIMECAP Management.

Sell: Chaiman, President and CEO Charles M Swoboda sold 60,000 shares of CREE stock on 11/24/2010 at the average price of 62.66. Charles M Swoboda owns at least 247,363 shares after this. The price of the stock has decreased by 28.42% since. Other insiders have also decreased their positions in the company.

BEST BUY COMPANY INC. (BBY): Down 29% Since Pioneer Investments Bought In the Quarter Ended on 2010-12-31

Pioneer Investments added to his holdings in Specialty Retailers company Best Buy Company Inc. by 23.71% during the quarter ended 12/31/2010. The company owned 1,451,793 shares of as of 12/31/2010.

Best Buy operates in a single business segment, selling personal computers and other home office products, consumer electronics, entertainment software, major appliances and related accessories principally through its retail stores. Best Buy Company Inc. has a market cap of $11.52 billion; its shares were traded at around $29.22 with a P/E ratio of 8.8 and P/S ratio of 0.3. The dividend yield of Best Buy Company Inc. stocks is 2.1%. Best Buy Company Inc. had an annual average earnings growth of 16.6% over the past 10 years. GuruFocus rated Best Buy Company Inc. the business predictability rank of 5-star.

BBY recently reported its fiscal fourth quarter and full year 2011 results. For the full year 2011, the company announced net earnings of $3.08 per diluted share versus net earnings per diluted share of $3.10 in fiscal 2010.

George Soros bought 2,106,399 shares in the quarter that ended on 12/31/2010, which is 0.94% of the $7.69 billion portfolio of Soros Fund Management LLC. Whitney Tilson bought 37,500 shares in the quarter that ended on 12/31/2010, which is 0.4% of the $322 million portfolio of T2 Partners Management, LP. Joel Greenblatt bought 12,467 shares in the quarter that ended on 12/31/2010, which is 0.14% of the $306 million portfolio of Gotham Capital.

Buy: Director Lisa Caputo bought 274 shares of BBY stock on 01/03/2011 at the average price of 34. Lisa Caputo owns at least 2,012 shares after this. The price of the stock has decreased by 14.06% since. There are mixed trades from other insiders.

F5 Networks Inc. (FFIV): Down 21% Since Jim Simons Bought In the Quarter Ended on 2010-12-31

Jim Simons added to his holdings in Telecommunications Equipment company F5 Networks Inc. by 229.01% during the quarter ended 12/31/2010. He owned 764,874 shares of as of 12/31/2010. F5 Networks Inc. is a provider of integrated Internet traffic and content management solutions designed to improve the availability and performance of mission-critical Internet-based servers and applications. F5 Networks Inc. has a market cap of $7.73 billion; its shares were traded at around $95.67 with a P/E ratio of 43.7 and P/S ratio of 8.7. F5 Networks Inc. had an annual average earnings growth of 20.4% over the past 5 years.

FFIV recently reported its results for the first quarter of fiscal 2011. For the first quarter of fiscal 2011, the company announced revenue of $268.9 million, up 5.8 percent from $254.3 million in the prior quarter and 40.7 percent from $191.2 million in the first quarter of fiscal 2010.

Ron Baron bought 22,500 shares in the quarter that ended on 12/31/2010, which is 0.02% of the $16.91 billion portfolio of Baron Funds. George Soros bought 5,700 shares in the quarter that ended on 12/31/2010, which is 0.01% of the $7.69 billion portfolio of Soros Fund Management LLC.

Sell: President and CEO John Mcadam sold 12,500 shares of FFIV stock on 02/14/2011 at the average price of 128.3. John Mcadam owns at least 339,728 shares after this. The price of the stock has decreased by 25.43% since. Other insiders have also decreased their positions in the company.

Capitol Federal Financial Inc (CFFN): Down 53% Since Daniel Loeb Bought In the Quarter Ended on 2010-12-31

Daniel Loeb initiated holdings in Banks company Capitol Federal Financial Inc during the quarter ended 12/31/2010. He owned 750,225 shares of as of 12/31/2010. Capitol Federal Financial is a federally chartered mid-tier holding company. Capitol Federal Financial Inc has a market cap of $1.89 billion; its shares were traded at around $11.28 with a P/E ratio of 30.2 and P/S ratio of 4.7. The dividend yield of Capitol Federal Financial Inc stocks is 2.6%.

CFFN recently reported its first quarter 2011 results. Total interest and dividend income for the current quarter was $87.2 million compared to $98.9 million for the quarter ended December 31, 2009. The $11.7 million decrease was primarily a result of an $8.6 million decrease in interest income on loans receivable and a $5.4 million decrease in interest income on mortgage-backed securities, partially offset by a $2.2 million increase in interest income on investment securities.

Michael Price bought 300,000 shares in the quarter that ended on 12/31/2010, which is 0.6% of the $593 million portfolio of MFP Investors LLC. Daniel Loeb bought 750,225 shares in the quarter that ended on 12/31/2010, which is 0.48% of the $1.88 billion portfolio of Third Point, LLC. David Einhorn bought 100,000 shares in the quarter that ended on 12/31/2010, which is 0.02% of the $4.94 billion portfolio of Greenlight Capital Inc.


Rating: 3.8/5 (9 votes)

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