The market did significantly better this week than the previous ones, and the S&P500 only dropped about 3 points, or 0.2%. There are also not as many 52-week low stocks as before. The Banking and Retail industry have also recovered. Last week’s top five out of favor stocks were GlaxoSmithKline plc, Novartis AG, AnheuserBusch Companies Inc, Sun Microsystems Inc, and Progress Energy Inc.
Banking continues to be out of favor, although not as much as the previous week, where the low/high ratio of the banking industry was 33. Food and Beverage stocks are also out of favor, with 9 stocks reaching their 52-week lows and 2 reaching their 52-week highs. The Food and Beverage industry has a low/high ratio of 4.5. 17 banks have reached their 52-week lows, while 7 have reached their 52-week high, giving the banking industry a low/high ratio of 2.43.
For more detailed information about 52-week low stocks, you can click here: http://www.gurufocus.com/52weeklow.php.
GlaxoSmithKline plc (GSK, Financial) Reached the 52-Week Low of $46.92
GlaxoSmithKline plc’s (GSK) shares have declined to the 52-week low of $46.92, 22.3% lower than its 52-week high of $59.98. The company is owned by 9 Gurus we are tracking.
GlaxoSmithKline plc, together with its subsidiaries, engages in the creation, discovery, development, manufacture, and marketing of pharmaceutical and consumer health-related products. GlaxoSmithKline plc has a market cap of $128.21 billion; its shares were traded at around $46.92 with a P/E ratio of 12.55 and P/S ratio of 2.92. The dividend yield of GlaxoSmithKline plc stocks is 4.5%.
GlaxoSmithKline PLC has announced significant layoffs in the last year. It also said it expects to increase outsourcing while continuing to reduce the number of plants.
GlaxoSmithKline plc is owned by 9 Gurus. Among them, 1 initiated positions in GSK, 4 increased their positions, 2 reduced their positions, and two left them unchanged.
John Keeley bought 7,000 shares in the quarter ending 09/30/2007 , which accounts for less than 0.01% of the $8.95 billion portfolio of Keeley Fund Management.
Richard Snow owns 165,835 shares as of 09/30/2007 , an increase of 41.43% from the previous quarter. This position accounts for 0.14% of the $6.49 billion portfolio of Snow Capital Management, L.P. Charles Brandes owns 17,162,169 shares as of 09/30/2007 , an increase of 11.2% from the previous quarter. This position accounts for 1.66% of the $54.85 billion portfolio of Brandes Investment. Dodge & Cox owns 77,662,642 shares as of 09/30/2007 , which accounts for 3.02% of the $136.79 billion portfolio of Dodge & Cox.
Novartis AG (NVS, Financial) Reached the 52-Week Low of $50.24
The prices of Novartis AG (NVS) shares have declined to the 52-week low of $50.24, which is 17.4% off the 52-week high of $60.36. The company provides healthcare solutions that address the needs of patients and societies worldwide. It has a market cap of $113.77 billion and was last traded at around $50.24 with a P/E ratio of 9.79 and P/S ratio of 2.98. The dividend yield of Novartis AG stocks is 1.9%.
Novartis said outsourcing played a role in cutting $700 million of cost between 2006 and 2007. S ome investors may worry that all Novartis is doing is using its strong balance sheet to keep them happy as it struggles against a growing list of problems that threaten to stagger sales and earnings growth.
Novartis AG is owned by 8 Gurus. Among them, 4 have added to their positions during the past quarter and 2 initiated positions in NVS. 1 reduced his position, and 1 left them unchanged.
Jean-Marie Eveillard bought 13,200 shares in the quarter ending 09/30/2007 , which accounts for 0.01% of the $13.02 billion portfolio of his portfolio. John Keeley bought 5,000 shares in the quarter ending 09/30/2007 , which accounts for less than 0.01% of the $8.95 billion portfolio of Keeley Fund Management.
Dodge & Cox owns 70,523,550 shares as of 09/30/2007 , an increase of 47.15% from the previous quarter. This position accounts for 2.83% of the $136.79 billion portfolio of Dodge & Cox. Charles Brandes owns 325,500 shares as of 09/30/2007 , an increase of 308.38% from the previous quarter. This position accounts for 0.03% of the $54.85 billion portfolio of Brandes Investment. Edward Owens owns 13,219,880 shares as of 09/30/2007 , which accounts for 2.88% of the $25.21 billion portfolio of Vanguard Health Care Fund.
David Dreman sold out his holdings in the quarter ending 09/30/2007 .
AnheuserBusch Companies Inc. (BUD, Financial) Reached the 52-Week Low of $47.25
The prices of AnheuserBusch Companies Inc. (BUD) shares have declined to the 52-week low of $47.25, which is 15.7% off the 52-week high of $55.19. The company engages in the production and distribution of beer. The company operates in four segments: Domestic Beer, International Beer, Packaging, and Entertainment. It has a market cap of $34.67 billion with a P/E ratio of 17.30 and P/S ratio of 2.13. The dividend yield of AnheuserBusch Companies Inc. stocks is 2.8%.
Some analysts think the merging of Anheuser-Busch's two domestic rivals could help the company. SABMiller and Molson Coors, which own the nation's number 2 and 3 brewers, are planning to combine their U.S. operations some time in mid-2008. While the merger may put the two competitors in a better position to challenge Anheuser-Busch over the long haul, every merge has rough edges.
AnheuserBusch Companies Inc. is owned by 11 Gurus. Among them, 2 have added to their positions during the past quarter. 6 reduced their positions.
Tom Gayner owns 1,577,237 shares as of 09/30/2007 , which accounts for 3.99% of the $1.98 billion portfolio of Markel Gayner Asset Management Corp. Arnold Van Den Berg owns 1,759,527 shares as of 09/30/2007 , which accounts for 2.65% of the $3.32 billion portfolio of Century Management.
Most notably, legendary investor Warren Buffett owns 35,563,200 shares as of 09/30/2007 , which accounts for 2.7% of the $65.81 billion portfolio of Berkshire Hathaway.
George Soros sold out his holdings in the quarter ending 09/30/2007 .
Director Patrick T Stokes sold 256,374 shares of BUD stock on 12/05/2007 at the average price of $52.38; the price of the stock has decreased by 9.79% since.
Sun Microsystems Inc. (JAVA, Financial) Reached the 52-Week Low of $17.15
The prices of Sun Microsystems Inc. (JAVA) shares have declined to the 52-week low of $17.15, which is 33.6% off the 52-week high of $27.12. Sun Microsystems Inc. is owned by 4 Gurus we are tracking.
Sun Microsystems, Inc. provides network computing infrastructure product and service solutions worldwide. It offers a line of scalable servers based on SPARC64, Sun UltraSPARC, AMD Opteron, and Intel Xeon microprocessors and has a market cap of $13.61 billion; its shares were traded at around $16.43 with a P/E ratio of 24.02 and P/S ratio of 0.96.
Shares of Sun Microsystems Inc. rose on January 25, 2008 morning after the server and software maker's fiscal second-quarter profit almost doubled, partly because of cost-cutting measures. The stock rose 54 cents, or 3.3 percent, to $16.66. Shares have dropped about 11 percent since Dec. 17.
Sun Microsystems Inc. is owned by 4 Gurus. Among them, 3 Gurus Initiated Positions in the company and 1 left them unchanged.
Mason Hawkins bought 30,952,422 shares in the quarter ending 09/30/2007 , which accounts for 1.95% of the $35.76 billion portfolio of Southeastern Asset Management. Dodge & Cox bought 66,975,060 shares in the quarter ending 09/30/2007 , which accounts for 0.27% of the $136.79 billion portfolio of Dodge & Cox. John Keeley bought 30,000 shares in the quarter ending 09/30/2007 , which accounts for less than 0.01% of the $8.95 billion portfolio of Keeley Fund Management.
Bill Nygren owns 13,770,000 shares as of 09/30/2007 , which accounts for 1.43% of the $5.2 billion portfolio of Oak Mark Fund.
EVP, Global Sales & Services Donald C Grantham sold 434,071 shares of JAVA stock on 08/30/2007 at the average price of $5.17; the price of the stock has increased by 217.79% since.
Progress Energy Inc. (PGN, Financial) Reached the 52-Week Low of $43.61
The prices of Progress Energy Inc. (PGN) shares have declined to the 52-week low of $43.61, which is 18.3% off the 52-week high of $52.75. Progress Energy Inc. is owned by 5 Gurus we are tracking.
Progress Energy, Inc., together with its subsidiaries, operates as an integrated energy company serving the southeast region of the United States . The company has a market cap of $11.3 billion; its shares were traded at around $43.61 with a P/E ratio of 16.97 and P/S ratio of 1.13. The dividend yield of Progress Energy Inc. stocks is 5.6%.
Progress Energy Inc. said it predicts 2008 earnings in a range of $2.95 to $3.15 per share, driven by revenue growth and rate increases at its utilities. The company said its 2008 ongoing earnings target was $3.05, nearly 10 percent more compared to its 2007 ongoing earnings outlook.
The company said its 2008 ongoing earnings target was $3.05, an increase of nearly 10 percent from its 2007 ongoing earnings outlook.
Progress Energy Inc. is owned by 5 Gurus. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions, and 2 left them unchanged.
Brian Rogers owns 3,405,000 shares as of 12/31/2007 , which accounts for 0.71% of the $21.43 billion portfolio of T Rowe Price Equity Income Fund. Richard Aster Jr. owns 694,400 shares as of 09/30/2007 , which accounts for 0.88% of the $3.7 billion portfolio of Meridian Fund.
Chairman and CEO Robert B Mcgehee sold 2,918 shares of PGN stock on 10/01/2007 at the average price of $47.38; the price of the stock has decreased by 7.96% since. Executive VP and CFO Peter M Iii Scott sold 20,000 shares of PGN stock on 10/01/2007 at the average price of $47.38; the price of the stock has decreased by 7.96% since. Director Robert Wood Jones bought 1,000 shares of PGN stock on 11/14/2007 at the average price of $47.73; the price of the stock has decreased by 8.63% since.
Banking continues to be out of favor, although not as much as the previous week, where the low/high ratio of the banking industry was 33. Food and Beverage stocks are also out of favor, with 9 stocks reaching their 52-week lows and 2 reaching their 52-week highs. The Food and Beverage industry has a low/high ratio of 4.5. 17 banks have reached their 52-week lows, while 7 have reached their 52-week high, giving the banking industry a low/high ratio of 2.43.
For more detailed information about 52-week low stocks, you can click here: http://www.gurufocus.com/52weeklow.php.
GlaxoSmithKline plc (GSK, Financial) Reached the 52-Week Low of $46.92
GlaxoSmithKline plc’s (GSK) shares have declined to the 52-week low of $46.92, 22.3% lower than its 52-week high of $59.98. The company is owned by 9 Gurus we are tracking.
GlaxoSmithKline plc, together with its subsidiaries, engages in the creation, discovery, development, manufacture, and marketing of pharmaceutical and consumer health-related products. GlaxoSmithKline plc has a market cap of $128.21 billion; its shares were traded at around $46.92 with a P/E ratio of 12.55 and P/S ratio of 2.92. The dividend yield of GlaxoSmithKline plc stocks is 4.5%.
GlaxoSmithKline PLC has announced significant layoffs in the last year. It also said it expects to increase outsourcing while continuing to reduce the number of plants.
GlaxoSmithKline plc is owned by 9 Gurus. Among them, 1 initiated positions in GSK, 4 increased their positions, 2 reduced their positions, and two left them unchanged.
John Keeley bought 7,000 shares in the quarter ending 09/30/2007 , which accounts for less than 0.01% of the $8.95 billion portfolio of Keeley Fund Management.
Richard Snow owns 165,835 shares as of 09/30/2007 , an increase of 41.43% from the previous quarter. This position accounts for 0.14% of the $6.49 billion portfolio of Snow Capital Management, L.P. Charles Brandes owns 17,162,169 shares as of 09/30/2007 , an increase of 11.2% from the previous quarter. This position accounts for 1.66% of the $54.85 billion portfolio of Brandes Investment. Dodge & Cox owns 77,662,642 shares as of 09/30/2007 , which accounts for 3.02% of the $136.79 billion portfolio of Dodge & Cox.
Novartis AG (NVS, Financial) Reached the 52-Week Low of $50.24
The prices of Novartis AG (NVS) shares have declined to the 52-week low of $50.24, which is 17.4% off the 52-week high of $60.36. The company provides healthcare solutions that address the needs of patients and societies worldwide. It has a market cap of $113.77 billion and was last traded at around $50.24 with a P/E ratio of 9.79 and P/S ratio of 2.98. The dividend yield of Novartis AG stocks is 1.9%.
Novartis said outsourcing played a role in cutting $700 million of cost between 2006 and 2007. S ome investors may worry that all Novartis is doing is using its strong balance sheet to keep them happy as it struggles against a growing list of problems that threaten to stagger sales and earnings growth.
Novartis AG is owned by 8 Gurus. Among them, 4 have added to their positions during the past quarter and 2 initiated positions in NVS. 1 reduced his position, and 1 left them unchanged.
Jean-Marie Eveillard bought 13,200 shares in the quarter ending 09/30/2007 , which accounts for 0.01% of the $13.02 billion portfolio of his portfolio. John Keeley bought 5,000 shares in the quarter ending 09/30/2007 , which accounts for less than 0.01% of the $8.95 billion portfolio of Keeley Fund Management.
Dodge & Cox owns 70,523,550 shares as of 09/30/2007 , an increase of 47.15% from the previous quarter. This position accounts for 2.83% of the $136.79 billion portfolio of Dodge & Cox. Charles Brandes owns 325,500 shares as of 09/30/2007 , an increase of 308.38% from the previous quarter. This position accounts for 0.03% of the $54.85 billion portfolio of Brandes Investment. Edward Owens owns 13,219,880 shares as of 09/30/2007 , which accounts for 2.88% of the $25.21 billion portfolio of Vanguard Health Care Fund.
David Dreman sold out his holdings in the quarter ending 09/30/2007 .
AnheuserBusch Companies Inc. (BUD, Financial) Reached the 52-Week Low of $47.25
The prices of AnheuserBusch Companies Inc. (BUD) shares have declined to the 52-week low of $47.25, which is 15.7% off the 52-week high of $55.19. The company engages in the production and distribution of beer. The company operates in four segments: Domestic Beer, International Beer, Packaging, and Entertainment. It has a market cap of $34.67 billion with a P/E ratio of 17.30 and P/S ratio of 2.13. The dividend yield of AnheuserBusch Companies Inc. stocks is 2.8%.
Some analysts think the merging of Anheuser-Busch's two domestic rivals could help the company. SABMiller and Molson Coors, which own the nation's number 2 and 3 brewers, are planning to combine their U.S. operations some time in mid-2008. While the merger may put the two competitors in a better position to challenge Anheuser-Busch over the long haul, every merge has rough edges.
AnheuserBusch Companies Inc. is owned by 11 Gurus. Among them, 2 have added to their positions during the past quarter. 6 reduced their positions.
Tom Gayner owns 1,577,237 shares as of 09/30/2007 , which accounts for 3.99% of the $1.98 billion portfolio of Markel Gayner Asset Management Corp. Arnold Van Den Berg owns 1,759,527 shares as of 09/30/2007 , which accounts for 2.65% of the $3.32 billion portfolio of Century Management.
Most notably, legendary investor Warren Buffett owns 35,563,200 shares as of 09/30/2007 , which accounts for 2.7% of the $65.81 billion portfolio of Berkshire Hathaway.
George Soros sold out his holdings in the quarter ending 09/30/2007 .
Director Patrick T Stokes sold 256,374 shares of BUD stock on 12/05/2007 at the average price of $52.38; the price of the stock has decreased by 9.79% since.
Sun Microsystems Inc. (JAVA, Financial) Reached the 52-Week Low of $17.15
The prices of Sun Microsystems Inc. (JAVA) shares have declined to the 52-week low of $17.15, which is 33.6% off the 52-week high of $27.12. Sun Microsystems Inc. is owned by 4 Gurus we are tracking.
Sun Microsystems, Inc. provides network computing infrastructure product and service solutions worldwide. It offers a line of scalable servers based on SPARC64, Sun UltraSPARC, AMD Opteron, and Intel Xeon microprocessors and has a market cap of $13.61 billion; its shares were traded at around $16.43 with a P/E ratio of 24.02 and P/S ratio of 0.96.
Shares of Sun Microsystems Inc. rose on January 25, 2008 morning after the server and software maker's fiscal second-quarter profit almost doubled, partly because of cost-cutting measures. The stock rose 54 cents, or 3.3 percent, to $16.66. Shares have dropped about 11 percent since Dec. 17.
Sun Microsystems Inc. is owned by 4 Gurus. Among them, 3 Gurus Initiated Positions in the company and 1 left them unchanged.
Mason Hawkins bought 30,952,422 shares in the quarter ending 09/30/2007 , which accounts for 1.95% of the $35.76 billion portfolio of Southeastern Asset Management. Dodge & Cox bought 66,975,060 shares in the quarter ending 09/30/2007 , which accounts for 0.27% of the $136.79 billion portfolio of Dodge & Cox. John Keeley bought 30,000 shares in the quarter ending 09/30/2007 , which accounts for less than 0.01% of the $8.95 billion portfolio of Keeley Fund Management.
Bill Nygren owns 13,770,000 shares as of 09/30/2007 , which accounts for 1.43% of the $5.2 billion portfolio of Oak Mark Fund.
EVP, Global Sales & Services Donald C Grantham sold 434,071 shares of JAVA stock on 08/30/2007 at the average price of $5.17; the price of the stock has increased by 217.79% since.
Progress Energy Inc. (PGN, Financial) Reached the 52-Week Low of $43.61
The prices of Progress Energy Inc. (PGN) shares have declined to the 52-week low of $43.61, which is 18.3% off the 52-week high of $52.75. Progress Energy Inc. is owned by 5 Gurus we are tracking.
Progress Energy, Inc., together with its subsidiaries, operates as an integrated energy company serving the southeast region of the United States . The company has a market cap of $11.3 billion; its shares were traded at around $43.61 with a P/E ratio of 16.97 and P/S ratio of 1.13. The dividend yield of Progress Energy Inc. stocks is 5.6%.
Progress Energy Inc. said it predicts 2008 earnings in a range of $2.95 to $3.15 per share, driven by revenue growth and rate increases at its utilities. The company said its 2008 ongoing earnings target was $3.05, nearly 10 percent more compared to its 2007 ongoing earnings outlook.
The company said its 2008 ongoing earnings target was $3.05, an increase of nearly 10 percent from its 2007 ongoing earnings outlook.
Progress Energy Inc. is owned by 5 Gurus. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions, and 2 left them unchanged.
Brian Rogers owns 3,405,000 shares as of 12/31/2007 , which accounts for 0.71% of the $21.43 billion portfolio of T Rowe Price Equity Income Fund. Richard Aster Jr. owns 694,400 shares as of 09/30/2007 , which accounts for 0.88% of the $3.7 billion portfolio of Meridian Fund.
Chairman and CEO Robert B Mcgehee sold 2,918 shares of PGN stock on 10/01/2007 at the average price of $47.38; the price of the stock has decreased by 7.96% since. Executive VP and CFO Peter M Iii Scott sold 20,000 shares of PGN stock on 10/01/2007 at the average price of $47.38; the price of the stock has decreased by 7.96% since. Director Robert Wood Jones bought 1,000 shares of PGN stock on 11/14/2007 at the average price of $47.73; the price of the stock has decreased by 8.63% since.
