GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Guru Stocks at 52-Week Low: Pfizer Inc, Cisco Systems Inc, Intel Corp, Wyeth, Wachovia Corp.

January 20, 2008 | About:

The S&P 500 dropped 5.5% over the past week, which has been down almost 10% since the beginning of this year. A lot of quality companies are hit as hard as the rest of market. Time to buy bargains? Last week’s top five stocks that reached their 52-week lows were Pfizer Inc, Cisco Systems Inc, Intel Corp, Wyeth, and Wachovia Corp.

Banking continues to be out of favor. 99 banks have reached their 52-week lows, while 3 have reached their 52-week highs, giving the banking industry a low/high ratio of 33. Oil and gas producers are also not doing so well. 10 stocks in the oil and gas industry have reached their 52-week lows, while 1 has reached its 52-week high. The oil and gas industry has a low/high ratio of 10.

For full details about 52-week low companies, and 52-week low companies in different industries, you can go here: http://www.gurufocus.com/52weeklow.php.

Pfizer Inc (PFE) Reached the 52-Week Low of $22.50

The prices of Pfizer Inc (PFE) shares have declined to close the 52-week low of $22.5, which is 19.8% off the 52-week high of $27.73. Pfizer, Inc. engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals in the United States , Europe , Canada , Asia , and Latin America . Pfizer Inc has a market cap of $153.67 billion, and its shares were traded at around $22.5 with a P/E ratio of 10.65 and P/S ratio of 3.26. The dividend yield of Pfizer Inc stocks is 5.7%.

Pfizer has warned patients about its drugs such as Chantix, saying that they may cause a change in the taker’s mood. The prices of PFE fell after it gave these warnings. Meanwhile new questions about the effectiveness of some antidepressants have also brought the company down.

Pfizer Inc is one of the most owned stocks among Gurus. It is owned by 23 Gurus. Among them, these are gurus who changed their positions in PFE:

HOTCHKIS & WILEY bought 23,983,400 shares in the quarter ended 09/30/2007 , which is 1.99% of the $29.44 billion portfolio of HOTCHKIS & WILEY Capital Managment LLC.

Irving Kahn owns 1,830,293 shares as of 09/30/2007 , an increase of 27.23% from the previous quarter. This position accounts for 7.32% of the $611 million portfolio of Kahn Brothers & Company Inc.. Richard Snow owns 6,873,314 shares as of 09/30/2007 , an increase of 17.24% from the previous quarter. This position accounts for 2.59% of the $6.49 billion portfolio of Snow Capital Management, L.P. Third Avenue Management owns 5,553,076 shares as of 09/30/2007 , an increase of 10.32% from the previous quarter. This position accounts for 1.03% of the $13.14 billion portfolio of Third Avenue Management.

Dodge & Cox owns 125,197,388 shares as of 09/30/2007 , which accounts for 2.24% of the $136.79 billion portfolio of Dodge & Cox. Richard Pzena owns 34,490,523 shares as of 09/30/2007 , which accounts for 3.23% of the $26.08 billion portfolio of Pzena Investment Management LLC. David Dreman owns 21,525,140 shares as of 09/30/2007 , which accounts for 2.88% of the $18.4 billion portfolio of Dreman Value Management.

Arnold Van Den Berg owns 3,040,986 shares as of 09/30/2007 , a decrease of 50.75% of from the previous quarter. This position accounts for 2.24% of the $3.32 billion portfolio of Century Management. Jean-Marie Eveillard owns 99,568 shares as of 09/30/2007 , a decrease of 94.73% of from the previous quarter. This position accounts for 0.02% of the $13.02 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Tweedy Browne owns 36,210 shares as of 09/30/2007 , a decrease of 96.51% of from the previous quarter. This position accounts for 0.03% of the $2.62 billion portfolio of Tweedy Browne CO LLC.

Chris Davis sold out his holdings in the quarter ended 09/30/2007 .

Director W. Don Cornwell bought 500 shares of PFE stock on 09/14/2007 at the average price of $24; the price of the stock has decreased by 6.25% since.

Cisco Systems Inc. (CSCO) Reached the 52-Week Low of $24.3

The prices of Cisco Systems Inc. (CSCO) shares have declined to close the 52-week low of $24.3, which is 30% off the 52-week high of $34.24. Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol-based networking and other products relating to the communications and information technology industry worldwide. Cisco Systems Inc. has a market cap of $147.43 billion; its shares were traded at around $24.3 with a P/E ratio of 19.30 and P/S ratio of 4.07.

The technology stocks have been punished during the recent market selloffs. Recently Cisco Systems has taken part of a program which helps poor and uneducated people near the Parintins, Brazil , and has supplied the routers and switches of computers and other devices which will be used to help the people.

Cisco Systems Inc. is owned by 10 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter and two initiated positions in CSCO. 5 reduced their positions.

Ken Heebner bought 1,486,800 shares in the quarter ended 09/30/2007 , which accounts for 0.53% of the $9.22 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Dodge & Cox bought 6,625 shares in the quarter ended 09/30/2007 , which makes up less than 0.01% of the $136.79 billion portfolio of Dodge & Cox. Kenneth Fisher owns 10,462,298 shares as of 09/30/2007 , an increase of 1367.97% from the previous quarter. This position accounts for 0.93% of the $37.1 billion portfolio of Fisher Asset Management, LLC. Ronald Muhlenkamp owns 3,132,647 shares as of 09/30/2007 , an increase of 238.77% from the previous quarter. This position accounts for 4.46% of the $2.33 billion portfolio of Muhlenkamp Fund. David Tepper owns 23,250,000 shares as of 09/30/2007 , which accounts for 25.6% of the $3.01 billion portfolio of APPALOOSA MANAGEMENT LP.

Bill Miller owns 11,275,000 shares as of 09/30/2007 , which accounts for 2.3% of the $16.2 billion portfolio of Legg Mason Value Trust. Robert Olstein owns 833,900 shares as of 09/30/2007 , a decrease of 32.21% of from the previous quarter. This position accounts for 1.59% of the $1.74 billion portfolio of Olstein Financial Alert Fund. George Soros owns 238,700 shares as of 09/30/2007 , a decrease of 64.08% of from the previous quarter. This position accounts for 0.27% of the $2.91 billion portfolio of Soros Fund Management LLC.

EVP, CFO Dennis D. Powell sold 205,333 shares of CSCO stock on 09/18/2007 at the average price of $31.77, the price of the stock has decreased by 23.51% since. EVP, Customer Advocacy and CGO Wim Elfrink sold 8,000 shares of CSCO stock on 12/21/2007 at the average price of $28.74, the price of the stock has decreased by 15.45% since. EVP, WW Oper & Bus Dev Richard J. Justice sold 34,583 shares of CSCO stock on 12/17/2007 at the average price of $28.56, the price of the stock has decreased by 14.92% since.

Intel Corp. (INTC) Reached the 52-Week Low of $19

The prices of Intel Corp. (INTC) shares have declined to close the 52-week low of $19, which is 33.0% off the 52-week high of $27.99. Intel Corp. is owned by 14 Gurus we are tracking. Among them, 4 have added to their positions during the past quarter. 9 reduced their positions, and 1 left them unchanged.

Intel Corporation engages in the manufacture and sale of semiconductor chips, as well as in the development of advanced integrated digital technology platforms for the computing and communications industries worldwide. Intel Corp. has a market cap of $110.98 billion; its shares were traded at around $19 with a P/E ratio of 16.17 and P/S ratio of 2.95. The dividend yield of Intel Corp. stocks is 2.7%.

Intel Corp. announced disappointing results for the 4 th quarter of 2007, which sent its shares down 12 percent. Some saw this as a sign that the world's biggest chip maker may not be as invulnerable to the slowdown as hoped. Nevertheless, Intel sought to disperse worries that the results were because of a weakening PC market.

Robert Olstein bought 535,100 shares in the quarter ended 09/30/2007 , which is 0.8% of the $1.74 billion portfolio of Olstein Financial Alert Fund. George Soros bought 20,000 shares in the quarter ended 09/30/2007 , which is 0.02% of the $2.91 billion portfolio of Soros Fund Management LLC. Kenneth Fisher owns 882,086 shares as of 09/30/2007 , an increase of 55.05% from the previous quarter. This position accounts for 0.06% of the $37.1 billion portfolio of Fisher Asset Management, LLC. Richard Aster Jr. owns 1,812,725 shares as of 09/30/2007 , which accounts for 1.27% of the $3.7 billion portfolio of Meridian Fund.

Arnold Van Den Berg owns 2,011,695 shares as of 09/30/2007 , which accounts for 1.57% of the $3.32 billion portfolio of Century Management. Bill Nygren owns 13,997,000 shares as of 09/30/2007 , which accounts for 6.86% of the $5.2 billion portfolio of Oak Mark Fund.

Jean-Marie Eveillard owns 6,374,470 shares as of 09/30/2007 , a decrease of 40.18% of from the previous quarter. This position accounts for 1.27% of the $13.02 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC. Charles Brandes owns 44,376,865 shares as of 09/30/2007 , a decrease of 42.35% of from the previous quarter. This position accounts for 2.09% of the $54.85 billion portfolio of Brandes Investment.

PRESIDENT AND CEO, Director Paul S Otellini sold about 800,000 shares of INTC stock on 11/09/2007 at around $25.30. CFO Stacy J. Smith sold about 100,000 shares of INTC stock on 10/31/2007 at the average price of $26.68, the price of the stock has decreased by 28.79% since. Director Charlene Barshefsky bought around 5,000 shares of INTC stock on 10/31/2007 at the average price of $26.75, the price of the stock has decreased by 28.97% since.

Wyeth (WYE) Reached the 52-Week Low of $43.84

The prices of Wyeth (WYE) shares have declined to close the 52-week low of $43.84, which is 30.0% off the 52-week high of $62.2. Wyeth is owned by 9 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 4 reduced their positions.

Wyeth engages in the discovery, development, manufacture, distribution, and sale of pharmaceuticals, consumer healthcare, and animal health products. It operates through three segments: Pharmaceuticals, Consumer Healthcare, and Animal Health. Wyeth has a market cap of $58.71 billion; its shares were traded at around $43.84 with a P/E ratio of 13.46 and P/S ratio of 2.71. The dividend yield of Wyeth stocks is 2.6%.

Wyeth’s would-be blockbuster drugs are being delayed or denied by the Food and Drug Administration. They have reduced the number of drugs being accepted and is frequently sending Wyeth back to the lab for more safety studies since the drug Vloxx was discovered to be linked to heart attack and stroke in 2004. Questions about the effectiveness of some antidepressants also hurt the company.

Irving Kahn owns 574,138 shares as of 09/30/2007 , an increase of 61.03% from the previous quarter. This position accounts for 4.19% of the $611 million portfolio of Kahn Brothers & Company Inc.. Edward Owens owns 10,644,400 shares as of 09/30/2007 , an increase of 29.02% from the previous quarter. This position accounts for 1.88% of the $25.21 billion portfolio of Vanguard Health Care Fund. David Dreman owns 10,898,368 shares as of 09/30/2007 , an increase of 24.15% from the previous quarter. This position accounts for 2.86% of the $18.4 billion portfolio of Dreman Value Management. Kenneth Fisher owns 306,577 shares as of 09/30/2007 , an increase of 21.19% from the previous quarter. This position accounts for 0.04% of the $37.1 billion portfolio of Fisher Asset Management, LLC. Dodge & Cox owns 25,000,574 shares as of 09/30/2007 , an increase of 17.49% from the previous quarter. This position accounts for 0.81% of the $136.79 billion portfolio of Dodge & Cox.

Dodge & Cox owns 25,000,574 shares as of 09/30/2007 , which accounts for 0.81% of the $136.79 billion portfolio of Dodge & Cox. Brian Rogers owns 4,500,000 shares as of 09/30/2007 , which accounts for 0.81% of the $21.43 billion portfolio of T Rowe Price Equity Income Fund. Brian Rogers owns 4,476,000 shares as of 12/31/2007 , which accounts for 0.85% of the $21.43 billion portfolio of T Rowe Price Equity Income Fund.

George Soros sold out his holdings in the quarter ended 09/30/2007 .

Sr. VP- Human Resources Rene R Lewin sold 9,848 shares of WYE stock on 10/26/2007 at the average price of $49.04, the price of the stock has decreased by 10.6% since.

Wachovia Corp. (WB) Reached the 52-Week Low of $30.80

The prices of Wachovia Corp. (WB) shares have declined to close the 52-week low of $30.8, which is 48.3% off the 52-week high of $58.8. Wachovia Corporation, a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Wachovia Corp. has a market cap of $58.55 billion; its shares were traded at around $30.8 with a P/E ratio of 6.90 and P/S ratio of 1.92. The dividend yield of Wachovia Corp. stocks is 8.3%.

Like most banks in the U.S. , Wachovia Corp. has been hurt by financial markets over the past six months. Wachovia's stock lost 24 percent of its value during the fourth quarter 2007 at $38.03. The company's stock was reported to be in its cheapest price in five years.

Wachovia Corp. is owned by 10 Gurus we are tracking. Among them, 7 have added to their positions during the past quarter. 2 reduced their positions.

John Keeley bought 10,000 shares in the quarter ended 09/30/2007 , which accounts for 0.01% of the $8.95 billion portfolio of Keeley Fund Management.

Richard Pzena owns 31,625 shares as of 09/30/2007 , an increase of 45.07% from the previous quarter. This position accounts for 0.01% of the $26.08 billion portfolio of Pzena Investment Management LLC. Ruane Cunniff owns 18,599 shares as of 09/30/2007 , an increase of 11.4% from the previous quarter. This position accounts for 0.01% of the $12.92 billion portfolio of Ruane & Cunniff & Goldfarb Inc.

Dodge & Cox owns 61,489,010 shares as of 09/30/2007 , which accounts for 2.25% of the $136.79 billion portfolio of Dodge & Cox. Chris Davis owns 36,017,800 shares as of 09/30/2007 , which accounts for 1.96% of the $92 billion portfolio of Davis Selected Advisers. David Dreman owns 6,622,113 shares as of 09/30/2007 , which accounts for 1.66% of the $18.4 billion portfolio of Dreman Value Management.

George Soros sold out his holdings in the quarter ended 09/30/2007 .

Chairman, Pres. and CEO, Director G Kennedy Thompson bought 100,000 shares of WB stock on 11/16/2007 at the average price of $39.19, the price of the stock has decreased by 21.41% since. Director William H Jr Goodwin bought 500,000 shares of WB stock on 11/20/2007 at the average price of $38, the price of the stock has decreased by 18.95% since. Director John D Ii Baker bought 15,000 shares of WB stock on 11/20/2007 at the average price of $37.21, the price of the stock has decreased by 17.23% since. Director Lanty L Smith bought 37,000 shares of WB stock on 11/15/2007 at the average price of $40.67, the price of the stock has decreased by 24.27% since. SEVP, and Chief Risk Officer Donald K Truslow bought 13,000 shares of WB stock on 11/13/2007 at the average price of $41.71, the price of the stock has decreased by 26.16% since.

 


Rating: 3.9/5 (12 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK