The market was down over 3% last week, falling over 40 points. Last week’s top five stocks that reached their 52-week lows were Research in Motion Ltd, CVS Caremark Corp, General Dynamics Corp, Deere & Company, and Alcoa Inc.
Last week’s top two out of favor industries were the Media industry and Travel and Leisure industry. 12 stocks in the Media industry have reached their 52-week lows, while 1 has reached its 52-week high, giving the Media industry a low/high ratio of 12. 11 Travel and Leisure companies have reached their 52-week lows, while 1 has reached its 52-week high, giving the Travel and Leisure industry a low/high ratio of 11.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php
Research in Motion Ltd. (RIMM, Financial) Reached the 52-Week Low of $70.76
The prices of Research in Motion Ltd. (RIMM) shares have declined to close the 52-week low of $70.76, which is 45.9% lower than its 52-week high of $148.13. Research in Motion Ltd. is owned by 4 Gurus we are tracking. Among them, 2 reduced their positions.
RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. The company has a market cap of $39.94 billion; its shares were traded at around $70.76 with a P/E ratio of 26.14 and P/S ratio of 7.68.
Research In Motion Limited recently announced second quarter results that were slightly below analyst’s estimates. Revenue was up 88% from a year ago and 15% compared to last quarter, RIMM had a shipment of 6.1 million electronic devices.
Ruane Cunniff owns 3,025 shares as of 06/30/2008 . PRIMECAP Management owns 7,216,341 shares as of 06/30/2008 . Ron Baron owns 49,900 shares as of 06/30/2008 , which accounts for 0.03% of the $16.92 billion portfolio of Baron Funds.
CVS Caremark Corp. (CVS, Financial) Reached the 52-Week Low of $34.98
The prices of CVS Caremark Corp. (CVS) shares have declined to close the 52-week low of $34.98, which is 22.2% lower than its 52-week high of $44.29. CVS Caremark Corp. is owned by 7 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 5 reduced their positions.
CVS/Caremark is the nation's premier integrated pharmacy services provider combining one of the nation's leading pharmaceutical services companies with the country's largest pharmacy chain. The company has a market cap of $50.2 billion with a P/E ratio of 17.18 and P/S ratio of 0.58. The dividend yield of CVS Caremark Corp. stocks is 0.7%.
Ron Baron owns 86,495 shares as of 06/30/2008 , an increase of 14.57% from the previous quarter. John Keeley owns 82,025 shares as of 06/30/2008 , which accounts for 0.03% of the $10.95 billion portfolio of Keeley Fund Management. Chris Davis owns 33,361,899 shares as of 06/30/2008 . Dodge & Cox owns 7,000 shares as of 06/30/2008 . Ruane Cunniff owns 115,744 shares as of 06/30/2008 . Richard Perry owns 677,000 shares as of 06/30/2008 , a decrease of 21.73% of from the previous quarter. Kenneth Fisher owns 6,422 shares as of 06/30/2008 , a decrease of 43.43% of from the previous quarter. Chris Davis sold out his holdings in the quarter that ended on 06/30/2008 .
Executive Vice President Douglas A Sgarro sold 100,000 shares of CVS stock on 09/09/2008 at the average price of $38.02; the price of the stock has decreased by 8% since.
General Dynamics Corp. (GD, Financial) Reached the 52-Week Low of $74.92
The prices of General Dynamics Corp. (GD) shares have declined to close the 52-week low of $74.92, which is 22.2% lower than its 52-week high of $95.13. General Dynamics Corp. is owned by 5 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 3 reduced their positions.
General Dynamics Corp.'s primary businesses focus is on shipbuilding and marine systems business aviation information systems and land and amphibious combat systems. It has a market cap of $29.76 billion, a P/E ratio of 12.98 and a P/S ratio of 1.06. The dividend yield of General Dynamics Corp. stocks is 1.6%.
GD has recently been downgraded by two firms, in about the past month. UBS recently downgraded GD from a Buy to a Neutral, while on August 14 th, JPMorgan downgraded GD from an Overweight to Neutral rating.
Chris Davis bought 39,500 shares in the quarter that ended on 06/30/2008 . David Winters owns 598,323 shares as of 06/30/2008 , an increase of 474.63% from the previous quarter. Tom Gayner owns 394,409 shares as of 06/30/2008 . Kenneth Fisher owns 12,630 shares as of 06/30/2008 , a decrease of 22.71% of from the previous quarter. Jean-Marie Eveillard owns 357,000 shares as of 06/30/2008 , a decrease of 32.48% of from the previous quarter.Richard Perry sold out his holdings in the quarter that ended on 06/30/2008 .
Vice President John Patrick Casey sold 26,312 shares of GD stock on 08/27/2008 at the average price of $92.43; the price of the stock has decreased by 18.94% since.
Deere & Company (DE, Financial) Reached the 52-Week Low of $55.33
The prices of Deere & Company (DE) shares have declined to close the 52-week low of $55.33, which is 38.9% lower than its 52-week high of $94.89. Deere & Company is owned by 5 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 1 reduced his position.
Deere & Company is the one world's foremost producers of agricultural equipment as well as a leading manufacturer of construction forestry and commercial/consumer equipment with a market cap of $23.63 billion. It has a P/E ratio of 11.47 and a P/S ratio of 0.90. The dividend yield of Deere & Company stocks is 1.8%.
Chris Davis bought 48,600 shares in the quarter that ended on 06/30/2008 . Kenneth Fisher owns 130,298 shares as of 06/30/2008 , an increase of 1056.15% from the previous quarter. PRIMECAP Management owns 3,441,812 shares as of 06/30/2008 . Dodge & Cox owns 88,571 shares as of 06/30/2008 .
Chairman & CEO Robert W Lane sold 241,156 shares of DE stock on 05/19/2008 at the average price of $82.68; the price of the stock has decreased by 33.08% since.
Alcoa Inc. (AA, Financial) Reached the 52-Week Low of $23.54
The prices of Alcoa Inc. (AA) shares have declined to close the 52-week low of $23.54, which is 48.4% lower than its 52-week high of $44.77. Alcoa Inc. is owned by 8 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 6 reduced their positions.
Alcoa Inc. is the world's leading producer and manager of primary aluminum fabricated aluminum and alumina facilities and is active in all major aspects of the industry. It has a market cap of $19.15 billion with a P/E ratio of 9.74, a P/S ratio of 0.68, and a dividend yield of 2.4%.
Many firms have recently upgraded AA. Soleil upgraded AA from a Sell to a Hold on July 3 rd, and then upgraded it from a Hold to a Buy on Sept. 17. Meanwhile, the company was also upgraded by Friedman Billings on July 9 th, from a Market Perform rating to an Out-Perform rating.
PRIMECAP Management owns 7,388,597 shares as of 06/30/2008 . David Dreman owns 26,810 shares as of 06/30/2008 . Richard Snow owns 4,142,909 shares as of 06/30/2008 . Dodge & Cox owns 571,511 shares as of 06/30/2008 , a decrease of 22.57% of from the previous quarter. Brian Rogers owns 2,250,000 shares as of 06/30/2008 , a decrease of 25% of from the previous quarter. Ken Heebner owns 520,000 shares as of 06/30/2008 , a decrease of 95.51% of from the previous quarter. George Soros sold out his holdings in the quarter that ended on 06/30/2008 .
Executive VP and CFO Charles D Mclane sold 17,733 shares of AA stock on 05/13/2008 at the average price of $41.66; the price of the stock has decreased by 43.49% since.
Last week’s top two out of favor industries were the Media industry and Travel and Leisure industry. 12 stocks in the Media industry have reached their 52-week lows, while 1 has reached its 52-week high, giving the Media industry a low/high ratio of 12. 11 Travel and Leisure companies have reached their 52-week lows, while 1 has reached its 52-week high, giving the Travel and Leisure industry a low/high ratio of 11.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php
Research in Motion Ltd. (RIMM, Financial) Reached the 52-Week Low of $70.76
The prices of Research in Motion Ltd. (RIMM) shares have declined to close the 52-week low of $70.76, which is 45.9% lower than its 52-week high of $148.13. Research in Motion Ltd. is owned by 4 Gurus we are tracking. Among them, 2 reduced their positions.
RESEARCH IN MOTION is a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. The company has a market cap of $39.94 billion; its shares were traded at around $70.76 with a P/E ratio of 26.14 and P/S ratio of 7.68.
Research In Motion Limited recently announced second quarter results that were slightly below analyst’s estimates. Revenue was up 88% from a year ago and 15% compared to last quarter, RIMM had a shipment of 6.1 million electronic devices.
Ruane Cunniff owns 3,025 shares as of 06/30/2008 . PRIMECAP Management owns 7,216,341 shares as of 06/30/2008 . Ron Baron owns 49,900 shares as of 06/30/2008 , which accounts for 0.03% of the $16.92 billion portfolio of Baron Funds.
CVS Caremark Corp. (CVS, Financial) Reached the 52-Week Low of $34.98
The prices of CVS Caremark Corp. (CVS) shares have declined to close the 52-week low of $34.98, which is 22.2% lower than its 52-week high of $44.29. CVS Caremark Corp. is owned by 7 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 5 reduced their positions.
CVS/Caremark is the nation's premier integrated pharmacy services provider combining one of the nation's leading pharmaceutical services companies with the country's largest pharmacy chain. The company has a market cap of $50.2 billion with a P/E ratio of 17.18 and P/S ratio of 0.58. The dividend yield of CVS Caremark Corp. stocks is 0.7%.
Ron Baron owns 86,495 shares as of 06/30/2008 , an increase of 14.57% from the previous quarter. John Keeley owns 82,025 shares as of 06/30/2008 , which accounts for 0.03% of the $10.95 billion portfolio of Keeley Fund Management. Chris Davis owns 33,361,899 shares as of 06/30/2008 . Dodge & Cox owns 7,000 shares as of 06/30/2008 . Ruane Cunniff owns 115,744 shares as of 06/30/2008 . Richard Perry owns 677,000 shares as of 06/30/2008 , a decrease of 21.73% of from the previous quarter. Kenneth Fisher owns 6,422 shares as of 06/30/2008 , a decrease of 43.43% of from the previous quarter. Chris Davis sold out his holdings in the quarter that ended on 06/30/2008 .
Executive Vice President Douglas A Sgarro sold 100,000 shares of CVS stock on 09/09/2008 at the average price of $38.02; the price of the stock has decreased by 8% since.
General Dynamics Corp. (GD, Financial) Reached the 52-Week Low of $74.92
The prices of General Dynamics Corp. (GD) shares have declined to close the 52-week low of $74.92, which is 22.2% lower than its 52-week high of $95.13. General Dynamics Corp. is owned by 5 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 3 reduced their positions.
General Dynamics Corp.'s primary businesses focus is on shipbuilding and marine systems business aviation information systems and land and amphibious combat systems. It has a market cap of $29.76 billion, a P/E ratio of 12.98 and a P/S ratio of 1.06. The dividend yield of General Dynamics Corp. stocks is 1.6%.
GD has recently been downgraded by two firms, in about the past month. UBS recently downgraded GD from a Buy to a Neutral, while on August 14 th, JPMorgan downgraded GD from an Overweight to Neutral rating.
Chris Davis bought 39,500 shares in the quarter that ended on 06/30/2008 . David Winters owns 598,323 shares as of 06/30/2008 , an increase of 474.63% from the previous quarter. Tom Gayner owns 394,409 shares as of 06/30/2008 . Kenneth Fisher owns 12,630 shares as of 06/30/2008 , a decrease of 22.71% of from the previous quarter. Jean-Marie Eveillard owns 357,000 shares as of 06/30/2008 , a decrease of 32.48% of from the previous quarter.Richard Perry sold out his holdings in the quarter that ended on 06/30/2008 .
Vice President John Patrick Casey sold 26,312 shares of GD stock on 08/27/2008 at the average price of $92.43; the price of the stock has decreased by 18.94% since.
Deere & Company (DE, Financial) Reached the 52-Week Low of $55.33
The prices of Deere & Company (DE) shares have declined to close the 52-week low of $55.33, which is 38.9% lower than its 52-week high of $94.89. Deere & Company is owned by 5 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 1 reduced his position.
Deere & Company is the one world's foremost producers of agricultural equipment as well as a leading manufacturer of construction forestry and commercial/consumer equipment with a market cap of $23.63 billion. It has a P/E ratio of 11.47 and a P/S ratio of 0.90. The dividend yield of Deere & Company stocks is 1.8%.
Chris Davis bought 48,600 shares in the quarter that ended on 06/30/2008 . Kenneth Fisher owns 130,298 shares as of 06/30/2008 , an increase of 1056.15% from the previous quarter. PRIMECAP Management owns 3,441,812 shares as of 06/30/2008 . Dodge & Cox owns 88,571 shares as of 06/30/2008 .
Chairman & CEO Robert W Lane sold 241,156 shares of DE stock on 05/19/2008 at the average price of $82.68; the price of the stock has decreased by 33.08% since.
Alcoa Inc. (AA, Financial) Reached the 52-Week Low of $23.54
The prices of Alcoa Inc. (AA) shares have declined to close the 52-week low of $23.54, which is 48.4% lower than its 52-week high of $44.77. Alcoa Inc. is owned by 8 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 6 reduced their positions.
Alcoa Inc. is the world's leading producer and manager of primary aluminum fabricated aluminum and alumina facilities and is active in all major aspects of the industry. It has a market cap of $19.15 billion with a P/E ratio of 9.74, a P/S ratio of 0.68, and a dividend yield of 2.4%.
Many firms have recently upgraded AA. Soleil upgraded AA from a Sell to a Hold on July 3 rd, and then upgraded it from a Hold to a Buy on Sept. 17. Meanwhile, the company was also upgraded by Friedman Billings on July 9 th, from a Market Perform rating to an Out-Perform rating.
PRIMECAP Management owns 7,388,597 shares as of 06/30/2008 . David Dreman owns 26,810 shares as of 06/30/2008 . Richard Snow owns 4,142,909 shares as of 06/30/2008 . Dodge & Cox owns 571,511 shares as of 06/30/2008 , a decrease of 22.57% of from the previous quarter. Brian Rogers owns 2,250,000 shares as of 06/30/2008 , a decrease of 25% of from the previous quarter. Ken Heebner owns 520,000 shares as of 06/30/2008 , a decrease of 95.51% of from the previous quarter. George Soros sold out his holdings in the quarter that ended on 06/30/2008 .
Executive VP and CFO Charles D Mclane sold 17,733 shares of AA stock on 05/13/2008 at the average price of $41.66; the price of the stock has decreased by 43.49% since.
