Go Fish in a Sea of 52-Week Lows

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May 13, 2013
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Like stocks at a 52-week low, some excellent bottom fish also live in murky, shifting waters. In fact, some of the best investments and tastiest fish can come from the mysterious deep. It could pay to go fishing in a veritable sea of 52-week lows. Using the GuruFocus special feature 52-week low screener is a great place to start researching thousands of stocks, 558 of them U.S. companies, currently listed at a 52-week low.


This week industry sectors with the most 52-weeks lows are:


Metals & Mining


This sector has 61 stocks at a 52-week low.


Highlight: Alexco Resource Corp., Canadian Silver Producer


Down 65% over 12 months, Alexco Resource Corp. (AXU, Financial) has a market cap of $107 million, and trades at a P/E of 29 and a P/S of 1.27. The current AXU share price is $1.76,and is 68.9% off high.


On a 52-week low, AXU is held by investing Gurus Chuck Royce, Steven Cohen, Jim Simons, and Columbia Wanger.


Alexco owns and operates the Bellekeno silver mine, Canada's only operating primary silver mine and one of the world's highest-grade silver mines. The company owns 100% of the historic Keno Hill Silver District, located in Canada's Yukon Territory. Two more mines are under development, and Alexco has a goal of identifying 100 million ounces of silver in this prospective District and ramping up to more than 7 million ounces of annual silver production within the next decade.


1368308335844.pngAXU data by GuruFocus.com


Banks


This sector has 54 companies at a 52-week low.


Highlight: First Advantage Bancorp (FABK, Financial), a Tennessee Bank


Down 15% over 12 months, First Advantage Bancorp (FABK) has a market cap of $49.19 million and is traded at a P/E of 19.90 and a P/S of 2.64. The current FABK share price is $11.41, and is 18.4% off high.


First Advantage Bancorp is a Tennessee company, held by one Guru at this time, First Pacific Advisors, for 92,850 shares.


First Advantage was founded in 1954, starting out as First Federal Savings Bank. In 2011 the bank changed its charter from a federal to a state charter, thus the name change. First Advantage offers personal and business banking, mortgages, and wealth management.


1368309502890.pngFABK data by GuruFocus.com


Oil & Gas – E&P


This sector has 39 stocks at a 52-week low.


Highlight: SandRidge Permian Trust, Operator in the Mississippi Play


Down 30% over 12 months, Sandridge Permian Trust (PER, Financial) has a market cap of $770.7 million with a P/E of 6.20 and a P/S of 5.72. The current share price is $14.53, and is 36.8% off high.


SandRidge Permian is held by one Guru, Jim Simons, for 145,200 shares.


SandRidge is a leading operator in the Mississippian Oil Play, a complex group of oil and gas reservoirs in northern Oklahoma and western Kansas. The Oklahoma company believes this area generates the highest rate of return for horizontal drilling in the U.S. SandRidge Energy focuses on drilling low-risk, conventional, high rate-of-return oil wells in shallow carbonate reservoirs, and also has valuable assets in the Gulf of Mexico.


1368310055506.pngPER data by GuruFocus.com





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