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52-Week High Companies: GWW, SE, PSA, GOOG, IBM

December 11, 2011 | About:
gururk

gururk

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According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs: W. W. Grainger Inc. (GWW), Spectra Energy Corp. (SE), Public Storage (PSA), Google Inc. (GOOG), and International Business Machines Corp. (IBM).

W.W. Grainger Inc. (GWW) Reached the 52-Week High of $186.52

Grainger offers a breadth of MRO solutions by combining products, services and information. W.W. Grainger Inc. has a market cap of $13.01 billion; its shares were traded at around $186.52 with a P/E ratio of 21.5 and P/S ratio of 1.8. The dividend yield of W.W. Grainger Inc. stocks is 1.4%. W.W. Grainger Inc. had an annual average earnings growth of 13.9% over the past 10 years. GuruFocus rated W.W. Grainger Inc. the business predictability rank of 3.5-star.

On October 18, Grainger reported record results for the 2011 third quarter ended Sept. 30, 2011. Sales of $2.1 billion increased 11 percent versus $1.9 billion in the third quarter 2010. The 2011 third quarter had the same number of selling days (64) as the third quarter of 2010. Net earnings for the quarter increased 21 percent to $182 million versus $150 million in 2010. Earnings per share increased 22 percent to $2.51 versus $2.06 for the third quarter 2010.

Last week, Senior Vice President and CFO Ronald L. Jadin sold 1,228 shares of GWW stock. Director James D. Slavik sold 5,300 shares in November. Senior Vice President Michael A. Pulick and Director Wilbur H. Gantz sold shares in October. Senior Vice President, Communications and Investor Relations Laura D. Brown sold 4,000 shares in September.

Spectra Energy Corp (SE) Reached the 52-Week High of $29.52

Spectra Energy Corp. is one of North America's premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. Spectra Energy Corp has a market cap of $19.2 billion; its shares were traded at around $29.52 with a P/E ratio of 16.3 and P/S ratio of 3.9. The dividend yield of Spectra Energy Corp stocks is 3.8%. Spectra Energy Corp had an annual average earnings growth of 6.3% over the past five years.

On November 3, Spectra Energy Corp reported 2011 third quarter net income from controlling interests of $254 million, or $0.39 diluted EPS, compared with $197 million, or $0.30 diluted EPS, in the prior year quarter. Ongoing net income from controlling interests for the 2011 quarter was $247 million, or $0.38 diluted EPS, versus $201 million, or $0.31 diluted EPS, in the prior year quarter.

Last week, Director Dennis R. Hendrix sold 10,000 shares of SE stock. Director Paul M. Anderson sold 50,000 shares in November.

Public Storage (PSA) Reached the 52-Week High of $130.17

Public Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. Public Storage has a market cap of $22.27 billion; its shares were traded at around $130.17 with a P/E ratio of 24.1 and P/S ratio of 13.5. The dividend yield of Public Storage stocks is 3%. Public Storage had an annual average earnings growth of 5.7% over the past 10 years. GuruFocus rated Public Storage the business predictability rank of 4.5-star.

On November 3, Public Storage announced operating results for the third quarter ended September 30, 2011. For the three months ended September 30, 2011, net income allocable to our common shareholders was $118.0 million or $0.69 per diluted common share, compared to $182.2 million or $1.07 per diluted common share for the same period in 2010, representing a decrease of $64.2 million or $0.38 per diluted common share. Revenues for the Same Store Facilities (see table below) increased 5.8% or $21.4 million in the quarter ended September 30, 2011 as compared to the same period in 2010, primarily due to a 1.3% increase in average occupancy and a 4.0% increase in realized rent per occupied square foot.

In August, Director Uri P. Harkham and Director Gary E. Pruitt bought shares of PSA stock. Senior Vice President David F. Doll sold shares in November.

Google Inc. (GOOG) Reached the 52-Week High of $627.42

Google is a public and profitable company focused on search services. Google Inc. has a market cap of $203.21 billion; its shares were traded at around $627.42 with a P/E ratio of 20.4 and P/S ratio of 6.9. Google Inc. had an annual average earnings growth of 58.4% over the past 10 years.

On October 13, Google Inc. announced financial results for the quarter ended Sept. 30, 2011. Google reported revenues of $9.72 billion for the quarter ended Sep. 30, 2011, an increase of 33% compared to the third quarter of 2010. Google reports operating income, operating margin, net income, and earnings per share (EPS) on a GAAP and non-GAAP basis.

This month, Senior Vice President and CFO Patrick Pichette and Co-Founder, 10% Owner Sergey Brin sold shares of GOOG stock. CEO, 10% Owner Lawrence Page sold shares in November. Executive Chairman of Board Eric E. Schmidt and Senior Vice President and Chief Business Officer Nikesh Arora shares in October.

International Business Machines Corp (IBM) Reached the 52-Week High of $194.56



IBM uses advanced information technology to provide customer solutions. International Business Machines Corp has a market cap of $229.31 billion; its shares were traded at around $194.56 with a P/E ratio of 15.1 and P/S ratio of 2.3. The dividend yield of International Business Machines Corp stocks is 1.6%. International Business Machines Corp had an annual average earnings growth of 14.4% over the past 10 years. GuruFocus rated International Business Machines Corp the business predictability rank of 2-star.

On October 17, International Business Machines Corp. announced third-quarter 2011 diluted earnings of $3.19 per share, compared with diluted earnings of $2.82 per share in the third quarter of 2010, an increase of 13 percent. Operating (non-GAAP) diluted earnings were $3.28 per share, compared with operating diluted earnings of $2.85 per share in the third quarter of 2010, an increase of 15 percent. Third-quarter net income was $3.8 billion compared with $3.6 billion in the third quarter of 2010, an increase of 7 percent. Operating (non-GAAP) net income was $4.0 billion compared with $3.6 billion in the third quarter of 2010, an increase of 9 percent. Total revenues for the third quarter of 2011 of $26.2 billion increased 8 percent (3 percent, adjusting for currency) from the third quarter of 2010.

In November, Senior Vice President John E. Kelly III and Senior Vice President Colleen F. Arnold sold shares of IBM stock. Senior Vice President Virginia M. Rometty sold 29,446 shares in October. Chairman, President and CEO Samuel J. Palmisano sold shares in August.

Rating: 3.0/5 (6 votes)

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