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Highest Returning Guru - John Paulson’s 52-week Low Stocks

October 15, 2013 | About:
Sally Jones

Sally Jones

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The current highest-returning Guru, John Paulson, founder of Paulson & Company, is averaging 12-month returns of 292.03%. His portfolio show 91 stocks, 15 of them new, and a total value of $14.17 billion. His quarter-over-quarter turnover is 21%.

Here’s an update on two companies in Paulson’s portfolio that are near a 52-week low. Agnico Eagle Mines Ltd. (AEM) restarted its Goldex mine in Quebec and has poured its first gold this month; numerous gurus sold out Equinix Inc. (EQIX) in the second quarter of 2013, but Paulson reduced his shares by a little more than half.

Agnico Eagle Mines Ltd. (AEM)

Business Predictability: 3.5 out of 5 Stars

Down 53% over 12 months, Agnico Eagle Mines Ltd. has a market cap of $4.2 billion; its shares were traded at around $24.20, which is 1.1% above a 52-week low. Shares trade with a P/E ratio of 22.50 and a P/B of 1.30. The dividend yield is 3.60%.

Incorporated Founded in 1972, Agnico Eagle Mines Ltd. is a Canadian gold producer. The company explores for gold, as well as silver, copper, zinc, and lead. The company's flagship property includes the LaRonde mine located in the Abitibi region of Quebec.

Agnico Eagle Mines Ltd. reported second quarter 2013 revenue at $330 million, down from $455 million in the same quarter a year ago. The company’s net income for the second quarter of 2013 was $24.3 million, compared to $43.2 million in the same quarter a year ago. The company restarted its Goldex mine in Quebec and expects to produce 15,000 ounces from the Goldex mine by the end of 2013.

Guru Action: As of the second quarter of 2013, John Paulson holds 1,011,880 shares valued at $27.86 million, and weighting his portfolio by 0.2%. His shares represent 0.58% of shares outstanding.

Paulson has held AEM for six losing quarters, averaging a loss of 62% on 1,025,900 shares

Bought at an average price of $63.86. Selling, he has averaged a loss of 37% on 14,020 shares sold at an average price of $38.67 per share.

Track historical pricing, revenue and net income:

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Check out all seven gurus holding AEM and very active insider trading.

Equinix Inc. (EQIX)

Business Predictability: 1 out of 5 Stars

Down 15% over 12 months, Equinix Inc. has a market cap of $8.14 billion; its shares were traded at around $164.58, which is 1.0% above a 52-week low. Shares trade with a P/E ratio of 104.70 and a P/B of 3.50.

Incorporated in 1998, Equinix Inc. provides global data center services. The Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies, including more than 690 network service providers, to help them grow their businesses, improve application performance and protect their digital assets. Equinix operates in 31 strategic markets across the Americas, Europe, the Middle-East and Africa (EMEA) and Asia-Pacifica.

Equinix Inc. reported financial results for the second quarter of 2013 with revenues of $525.7 million, up 15% from the same quarter of 2012. The company reported a net loss of $28.7 million for the quarter, translating to a net loss of $0.58 per basic and diluted share. The company’s outlook for third quarter revenue is in the range of $538.0 to $542.0 million, according to a company press release.

Guru Action: As of the second quarter of 2013, John Paulson holds 1,000,000 shares valued at $184.7 million, and weighting his portfolio by 1.3%.

He reduced his position by 52.38% in the second quarter, selling 1,100,000 shares at an average price of $207.87, and taking a loss of 20.8%.

After holding for only three quarters, Paulson has averaged a loss of 5% on 2,100,000 shares at bought at an average price of $173.53 per share. Selling, he has lost 21% on 1,100,000 shares sold at an average price of $207.87 per share.

Track historical pricing, revenue and net income:

1381863100103.png

Check out the other gurus holding EQIX and active insider trading.

John Paulson’s top buys, top sells and top holdings:



Here is the complete portfolio of John Paulson.

Be sure to read:

1. John Paulson's Undervalued Stocks

2. John Paulson's Top Growth Companies

3. John Paulson's High Yield stocks

4. Stocks that John Paulson keeps buying

GuruFocus Real Time Picks reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature is for Premium Members only.

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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: 5.0/5 (2 votes)

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