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The Friday Four - Discounted Stocks Held by Numerous Billionaires

September 27, 2013 | About:
Sally Jones

Sally Jones

49 followers
The GuruFocus Guru Bargains feature reveals numerous stocks that are 20% or more off since a number of billionaires bought them. Consider the immense value of knowing which discounted stocks are held by guru investors. Billionaire stakeholders may indicate a probability that these stocks are bargain finds.

Here are “The Friday Four” highlighting discounted companies with insider action and billionaire stakeholders as of the second quarter in 2013.

InterDigital Inc. (IDCC) - Yield 1.00%

InterDigital Inc. is up 1% over 12 months. The current share price is around $37.86, down 16% since John Hussman made a new buy as of June 30, 2013.

He bought 100,000 shares at an average price of $44.80 for a loss of 15.6%.

Hussman previously held for five quarters of mixed results, selling out in the third quarter of 2012, unloading 608,000 shares at an average price of $31.58 per share, for a gain of 19.7%.

His current shares stand at 100,000.

Founded in 1972, InterDigital Inc. designs and develops technologies that enable and enhance wireless communications and monetizes such technologies used in digital cellular and wireless products and networks, including 2G, 3G, 4G and IEEE 802-related products and networks. Company products incorporating its numerous patented inventions include: mobile devices, such as cellular phones, tablets, notebook computers and wireless personal digital assistants; wireless infrastructure equipment, such as base stations; and components, dongles and modules for wireless devices.

The company has a market cap of $1.56 billion; its trades with a P/E ratio of 6.40 and a P/B ratio of 3.00.

Tracking historical share pricing, revenue and net income:

1380307485263.png

Eight Gurus hold IDCC as of June 30, 2013, and there is insider selling.

Crocs Inc. (CROX) - Yield 0%

Crocs Inc. is down 16% over 12 months. The current share price is around $13.56, down 16% since Joel Greenblatt increased his position by 126.75% as of June 30, 2013.

He bought 291,508 shares at an average price of $16.21 for a loss of 16.3%. He has held for six losing quarters, bottoming out at a 29.7% loss in the first quarter of 2012, when he made a new buy of 15,461 shares at an average price of $19.29 per share.

His current shares stand at 521,300.

Crocs Inc. is a designer, manufacturer, distributor, worldwide marketer and brand manager of molded footwear for men, women, and children. The company completed its initial public offering on Feb. 8, 2006.

The company has a market cap of $1.24 billion; its trades with a P/E ratio of 11.50 and a P/B ratio of 1.90.

Tracking historical share pricing, revenue and net income:

1380304822381.png

Six Gurus hold CROX as of June 30, 2013, and there is very active insider selling.

Pike Electric Corporation (PIKE) - Yield 0%

Pike Electric Corporation is up 43% over 12 months. The current share price is around $11.35, down 16% since Joel Greenblatt made a new buy as of June 30, 2013.

He bought 148,273 shares at an average price of $13.44 per share for a loss of 15.6%.

His current shares stand at 148,273.

Founded in 1945, Pike Electric Corporation is a provider of energy solutions for investor-owned, municipal and co-operative utilities in the U.S. The company's comprehensive services include siting, permitting, engineering design, installation, maintenance and repair of power delivery systems, including renewable energy projects.

The company has a market cap of $360.6 million; its trades with a P/E ratio of 11.00 and a P/B ratio of 1.60.

Tracking historical share pricing, revenue and net income:

1380305598978.png

Four Gurus hold PIKE as of June 30, 2013, and there is very active insider selling.

William Lyon Homes (WLH) - Yield 0%

William Lyon Homes is down 21% over 12 months. The current share price is around $20.97, down 16% since John Paulson made a new buy as of June 30, 2013.

He bought 3,322,666 shares at an average price of $25.11 for a loss of 17.6%.

His current shares stand at 3,322,666.

William Lyon Homes is engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada. Since the founding of the company's predecessor in 1956, the company and its joint ventures have sold over 74,000 homes. Homebuilding operations take place in five reportable, geographical segments of Southern California, Northern California, Arizona, Nevada, and Colorado.

The company has a market cap of $650.5 million; its trades with a P/B ratio of 2.10.

Two Gurus hold WLH as of June 30, 2013, and there is one insider selling.

Here’s analysis for WLH.





Check out the GuruFocus Guru Bargains feature to discover more stocks priced at around 20% off since billionaires last bought.

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About the author:

Sally Jones
Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Rating: 4.4/5 (5 votes)

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