Weekly Guru Bargains Highlights: RCL, FCE.A, TCK, DHR, X

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Aug 20, 2011
Last week’s top five guru bargain stocks were RCL, FCE.A, TCK, DHR, and X. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


Royal Caribbean Cruises Ltd. (RCL, Financial): Down 51% Since RS Investment Management Bought In the Quarter Ended on 2011-03-31


RS Investment Management initiated holdings in Recreational Products company Royal Caribbean Cruises Ltd. during the quarter ended 03/31/2011. His purchase prices were between $40.79 and $49.96, with an estimated average price of $45.23. Since then the prices of Royal Caribbean Cruises Ltd. shares have declined by -51% from the estimated average. RS Investment Management owned 41,640 shares of as of 03/31/2011.


Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, and Royal Celebrity Tours. Royal Caribbean Cruises Ltd. has a market cap of $4.9 billion; its shares were traded at around $22.36 with a P/E ratio of 8.8 and P/S ratio of 0.8. The dividend yield of Royal Caribbean Cruises Ltd. stocks is 1.8%. Royal Caribbean Cruises Ltd. had an annual average earnings growth of 4.4% over the past 10 years.


George Soros bought 5,500 shares in the quarter that ended on 06/30/2011, which is 0.0029% of the $7.11 billion portfolio of Soros Fund Management LLC. John Rogers owns 2,369,365 shares as of 06/30/2011, which accounts for 1.6563% of the $5.39 billion portfolio of Ariel Capital Management. Richard Aster Jr owns 1,511,900 shares as of 06/30/2011, which accounts for 1.6717% of the $3.4 billion portfolio of Meridian Fund.


Pres&CEO, Azamara Club Cruises Lawrence R Pimentel bought 250 shares of RCL stock on 08/08/2011 at the average price of 24. Lawrence R Pimentel owns at least 19,031 shares after this. The price of the stock has decreased by 6.83% since. Other insiders have also increased their positions in the company.


Forest City Enterprises Inc. Cl A (FCE.A, Financial): Down 29% Since Jim Simons Bought In the Quarter Ended on 2011-03-31


Jim Simons added to his holdings in Real Estate Holding & Development company Forest City Enterprises Inc. Cl A by 47.72% during the quarter ended 03/31/2011. His purchase prices were between $16.23 and $19.26, with an estimated average price of $17.88. Since then the prices of Forest City Enterprises Inc. Cl A shares have declined by -29% from the estimated average. Jim Simons owned 738,000 shares of as of 03/31/2011.


FOREST CITY ENTERPRISES, INC. is a national real estate company which acquires, develops, lease & manages residential properties; owns, acquires, develops & manages retail, office & urban entertainment projects; acquires & sells both raw land & developed lots to commercial, industrial & residential users; & acts as a wholesale lumber trading company. Forest City Enterprises Inc. Cl A has a market cap of $2.14 billion; its shares were traded at around $12.62 with a P/E ratio of 9.2 and P/S ratio of 1.9.


Forest City Enterprises recently reported its first quarter 2011 results. First-quarter net earnings attributable to Forest City Enterprises, Inc. were $47.6 million, or $0.25 per share, compared with a net loss of $15.6 million, or $0.10 per share, in the first quarter of 2010. After preferred dividends, net earnings attributable to Forest City Enterprises, Inc. common shareholders was $43.7 million, or $0.24 per share, for the quarter ended April 30, 2011.


Teck Resources Ltd. (TCK, Financial): Down 34% Since Jim Simons Bought In the Quarter Ended on 2011-03-31


Jim Simons initiated holdings in Nonferrous Metals company Teck Resources Ltd. during the quarter ended 03/31/2011. His purchase prices were between $50.9 and $65.1, with an estimated average price of $57.88. Since then the prices of Teck Resources Ltd. shares have declined by -34% from the estimated average. Jim Simons owned 231,876 shares of as of 03/31/2011.


Teck Resources Limited is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. Teck Resources Ltd. has a market cap of $22.37 billion; its shares were traded at around $38.35 with a P/E ratio of 10.2 and P/S ratio of 2.3. The dividend yield of Teck Resources Ltd. stocks is 1.6%.


TCK recently reported second quarter profit attributable to shareholders of $756 million, or $1.28 per share. Adjusted quarterly profit was $663 million, or $1.12 per share compared with $347 million, or $0.59 per share, in the second quarter of 2010.


Danaher Corp. (DHR, Financial): Down 23% Since Kenneth Fisher Bought In the Quarter Ended on 2011-06-30


Kenneth Fisher initiated holdings in Electronic Equipment company Danaher Corp. during the quarter ended 06/30/2011. His purchase prices were between $51.14 and $55.77, with an estimated average price of $53.06. Since then the prices of Danaher Corp. shares have declined by -23% from the estimated average. Kenneth Fisher owned 64,943 shares of as of 06/30/2011.


Danaher Corporation conducts its operations through two business segments:Process/Environmental Controls and Tools and Components. Danaher Corp. has a market cap of $28.33 billion; its shares were traded at around $40.72 with a P/E ratio of 16.1 and P/S ratio of 2.2. The dividend yield of Danaher Corp. stocks is 0.2%. Danaher Corp. had an annual average earnings growth of 13.8% over the past 10 years. GuruFocus rated Danaher Corp. the business predictability rank of 3.5-star.


Danaher Corp. recently reported that net earnings from continuing operations for the quarter ended July 1, 2011 were $449.6 million, or $0.65 per share on a diluted basis, a 23% increase as compared to diluted net earnings per share from continuing operations for the second quarter 2010. On a non-GAAP basis, which reflects the adjustments identified in the attached reconciliation schedule, second quarter 2011 adjusted diluted net earnings per share from continuing operations, excluding the impact of the acquisition of Beckman Coulter, were $0.69, a 28% increase over 2010 second quarter adjusted diluted net earnings per share from continuing operations.


Joel Greenblatt bought 13,554 shares in the quarter that ended on 06/30/2011, which is 0.1004% of the $715 million portfolio of Gotham Capital. Kenneth Fisher bought 64,943 shares in the quarter that ended on 06/30/2011, which is 0.009% of the $38.22 billion portfolio of Fisher Asset Management, LLC. Ron Baron owns 167,500 shares as of 06/30/2011, which accounts for 0.0493% of the $18 billion portfolio of Baron Funds. Ruane Cunniff owns 1,471,273 shares as of 06/30/2011, which accounts for 0.7077% of the $11.02 billion portfolio of Ruane & Cunniff & Goldfarb. George Soros owns 600,000 shares as of 06/30/2011, which accounts for 0.4471% of the $7.11 billion portfolio of Soros Fund Management LLC. George Soros owns 100,000 shares as of 06/30/2011, which accounts for 0.0745% of the $7.11 billion portfolio of Soros Fund Management LLC. George Soros owns 1,581,486 shares as of 06/30/2011, which accounts for 1.1785% of the $7.11 billion portfolio of Soros Fund Management LLC.


Director Elias A. Zerhouni bought 7,500 shares of DHR stock on 08/09/2011 at the average price of 41.67. Elias A. Zerhouni owns at least 8,820 shares after this. The price of the stock has decreased by 2.28% since. Other insiders have also decreased their positions in the company.


United States Steel Corp. (X, Financial): Down 54% Since Jeremy Grantham Bought In the Quarter Ended on 2011-03-31


Jeremy Grantham initiated holdings in Steel company United States Steel Corp. during the quarter ended 03/31/2011. His purchase prices were between $52.33 and $63.64, with an estimated average price of $56.82. Since then the prices of United States Steel Corp. shares have declined by -54% from the estimated average. Jeremy Grantham owned 5,180 shares of as of 03/31/2011.


United States Steel manufactures and sells a variety of steel mill products, coke and taconite pellets. United States Steel Corp. has a market cap of $3.86 billion; its shares were traded at around $26.36 with and P/S ratio of 0.3. The dividend yield of United States Steel Corp. stocks is 0.7%.


United States Steel Corp. recently reported its second quarter 2011 results. The company announced net income of $222 million, or $1.33 per diluted share, including $37 million, or $0.21 per diluted share, of net foreign currency remeasurement gains on intercompany loans.


Commenting on results, U. S. Steel Chairman and CEO John P. Surma said, "Our operating results improved significantly from the first quarter, driven primarily by higher average realized prices and stable raw materials costs in our Flat-rolled segment. U. S. Steel Europe segment results were slightly lower, reflecting significantly lower shipments and capacity utilization and increased raw materials costs, partially offset by higher average realized prices. Tubular segment results were in line with the first quarter of 2011.


Director John Engel bought 1,000 shares of X stock on 05/02/2011 at the average price of 47.28. John Engel owns at least 2,000 shares after this. The price of the stock has decreased by 44.25% since.