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Guru Stocks at 52-Week Low: Bank of America Corp, PepsiCo Inc, SanofiAventis, Merrill Lynch & Co. Inc, Las Vegas Sands Corp.

June 11, 2008 | About:

The market continues to make new lows, while oil prices make record highs. Investors are suffering. If you still have cash available, maybe it is a good time to buy. The top five stocks that reached their 52-week lows were Bank of America Corp, PepsiCo Inc, SanofiAventis, Merrill Lynch & Co. Inc, and Las Vegas Sands Corp.

The banking and travel/leisure industries continue to be the most out of favor. 104 banks have reached their 52-week low, while 6 have reached their 52-week high, giving the banking industry a low/high ratio of about 17.33. 22 stocks in the travel/leisure industry have reached their 52-week lows, while 2 have reached their 52-week highs, giving the travel/leisure industry a low/high ratio of 11.

For full details about guru stocks at 52-week low and more information, click here: http://www.gurufocus.com/52weeklow.php.

Bank of America Corp. (BAC) Reached the 52-Week Low of $28.85

The prices of Bank of America Corp. (BAC) shares have declined to close the 52-week low of $28.85 , which is 44% lower than its 52-week high of $52.96.

Bank of America Corporation provides a range of banking and non-banking financial services and products internationally. The company has a market cap of $131.85 billion; its shares were traded at around $28.85 with a P/E ratio of 12.48 and P/S ratio of 2.61. The dividend yield of Bank of America Corp. stocks is 8.4%.

BAC recently reached an agreement in purchasing Countrywide, the troubled mortgage company. The shares of both companies felt more than 30% since January.

Bank of America Corp. is owned by 14 Gurus we are tracking. Brian Rogers bought 1,750,000 shares in the quarter that ended on 03/31/2008 . HOTCHKIS & WILEY owns 14,098,323 shares as of 03/31/2008 , an increase of 27.82% from the previous quarter. Richard Snow owns 3,798,176 shares as of 03/31/2008 , an increase of 19.18% from the previous quarter. Irving Kahn owns 40,074 shares as of 03/31/2008 , a decrease of 30.66% of from the previous quarter.

Legendary investor Warren Buffett’s company Berkshire Hathaway owns 9,100,000 shares as of 03/31/2008 , which accounts for 0.52% of the $66.46 billion portfolio of Berkshire Hathaway.

Director William Iii Barnet bought 11,000 shares of BAC stock on 05/02/2008 at the average price of $40.48; the price of the stock has decreased by 26.85% since.

PepsiCo Inc. (PEP) Reached the 52-Week Low of $67.49

The prices of PepsiCo Inc. (PEP) shares have declined to close the 52-week low of $67.49, which is 19.5% lower than its 52-week high of $79.79. PepsiCo Inc. is owned by 7 Gurus we are tracking. Among them, 1 initiated positions in the company, 1 increased their positions, 3 left then unchanged, 2 reduced their positions, and 1 sold out his holdings.

PepsiCo Inc. has a market cap of $103.68 billion; its shares were traded at around $67.49 with a P/E ratio of 18.87 and P/S ratio of 2.57. The dividend yield of PepsiCo Inc. stocks is 2.6%.

PEP recently said that its earnings per share would be at least $3.72, which was a cent less than analyst’s expectations of $3.73 per share. The company rose almost 3% on this news.

Jean-Marie Eveillard bought 65,000 shares in the quarter that ended on 03/31/2008 . Arnold Van Den Berg owns 4,906 shares as of 03/31/2008 , an increase of 10.47% from the previous quarter. Ruane Cunniff owns 116,096 shares as of 03/31/2008 , which accounts for 0.07% of the $11.52 billion portfolio of Ruane & Cunniff & Goldfarb Inc. Ron Baron owns 110,145 shares as of 03/31/2008 , a decrease of 38.33% of from the previous quarter.George Soros sold out his holdings in the quarter that ended on 03/31/2008 .

Chairman and CEO, Director Indra K Nooyi sold 7,100 shares of PEP stock on 02/25/2008 at the average price of $71.05; the price of the stock has decreased by 7.99% since.

SanofiAventis (SNY) Reached the 52-Week Low of $33.35

The prices of SanofiAventis (SNY) shares have declined to close the 52-week low of $33.35, which is 28.5% lower than its 52-week high of $49.04. SanofiAventis is owned by 8 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 5 reduced their positions, and 2 left them unchanged.

Sanofi-Aventis engages in the research, development, manufacture, and marketing of healthcare products worldwide. It has a market cap of $90.84 billion; its shares were traded at around $33.35 with a P/E ratio of 11.71 and P/S ratio of 2.04. The dividend yield of SanofiAventis stocks is 3.2%.

SNY was hurt recently as one of the company’s drugs caused the death of 5 and was also liked to over 700 other reactions.

Edward Owens owns 10,407,991 shares as of 03/31/2008 , which accounts for 3.66% of the $21.31 billion portfolio of Vanguard Health Care Fund. Dodge & Cox owns 69,265,510 shares as of 03/31/2008 , which accounts for 2.35% of the $110.84 billion portfolio of Dodge & Cox.

Warren Buffett owns 3,586,733 shares as of 03/31/2008 , which accounts for 0.2% of the $66.46 billion portfolio of Berkshire Hathaway.

Merrill Lynch & Co. Inc. (MER) Reached the 52-Week Low of $35.46

The prices of Merrill Lynch & Co. Inc. (MER) shares have declined to close the 52-week low of $35.46, which is 59.5% lower than its 52-week high of $91.95. Merrill Lynch & Co., Inc. provides investment services to individuals and institutions worldwide. The company has a market cap of $37.21 billion, a P/S ratio of 8.39 and a dividend yield of 3.6%.

Robert Olstein bought 359,600 shares in the quarter that ended on 03/31/2008 . Bill Nygren bought 900,000 shares in the quarter that ended on 03/31/2008 . Bill Miller bought 4,177,000 shares in the quarter that ended on 12/31/2007 . Chris Davis owns 40,559,073 shares as of 03/31/2008 , an increase of 2670.53% from the previous quarter. Richard Snow owns 2,525,172 shares as of 03/31/2008 , which accounts for 2.11% of the $4.87 billion portfolio of Snow Capital Management, L.P. Richard Pzena sold out his holdings in the quarter that ended on 03/31/2008 .

Las Vegas Sands Corp. (LVS) Reached the 52-Week Low of $53.77

The prices of Las Vegas Sands Corp. (LVS) shares have declined to close the 52-week low of $53.77, which is 64% lower than its 52-week high of $148.76. Las Vegas Sands Corp. and its subsidiaries develop multi use integrated resorts worldwide. Las Vegas Sands Corp. has a market cap of $21.29 billion with a P/S ratio of 6.44.

Casino companies such as LVS and others have been hurt recently. The company reported a net loss of over $10 million, or 3 cents a share, compared to a gain of 90 million, or 26 cents a share in the first quarter 2007.

LVS is owned by 3 gurus. All have reduced their positions in the company. 1 sold out his holdings. Ron Baron owns 589,195 shares as of 03/31/2008 , a decrease of 30.93% of from the previous quarter. Richard Aster Jr. owns 188,319 shares as of 03/31/2008 , a decrease of 44.8% of from the previous quarter. John Keeley owns 13,210 shares as of 03/31/2008 , a decrease of 49.17% of from the previous quarter. George Soros sold out his holdings in the quarter that ended on 03/31/2008 .


Rating: 4.4/5 (8 votes)

Comments

john.sturges
John.sturges - 7 years ago
Tom Brown has an excellent analysis of the current credit crisis that will have an impact on all investors seeking value:

http://www.bankstocks.com/ArticleViewer.aspx?ArticleID=5111&ArticleTypeID=2

buffetteer17
Buffetteer17 premium member - 7 years ago
Thanks for the Tom Brown reference. He clearly explained what I vaguely sensed: some of the bank writedowns are way overdone and will be followed by writeups later.

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