The market was down about 4% last week, and many stocks have continued to plunge into their 52-week lows. Last week’s top five companies that reached their 52-week lows were Google Inc, Mitsubishi UFJ Financial Group Inc, News Corp, Amazon.com Inc, and eBay Inc.
Last week’s top two out of favor industries were the Travel/Leisure and the Personal and Household Goods industry. 41 Travel/Leisure companies have reached their 52-week lows. In the Personal and Household goods industry, 80 stocks have reached their 52-week lows, while 2 have reached their 52-week highs.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.
Google Inc. (GOOG, Financial) Reached the 52-Week Low of $331.14
The prices of Google Inc. (GOOG) shares have declined to close the 52-week low of $331.14, which is 55.7% off the 52-week high of $741.79. Google Inc. is owned by 11 Gurus we are tracking. Among them, 7 have added to their positions during the past quarter. 5 reduced their positions.
Google is a public and profitable company focused on search services. The company has a market cap of $104.06 billion with a P/E ratio of 20.60 and P/S ratio of 4.97.
Richard Perry bought 20,000 shares in the quarter that ended on 06/30/2008 . Mark Hillman bought 2,445 shares in the quarter that ended on 06/30/2008 . Wallace Weitz owns 4,240 shares as of 06/30/2008 , an increase of 91.86% from the previous quarter. George Soros owns 500 shares as of 06/30/2008 , a decrease of 27.01% of from the previous quarter. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 06/30/2008 .
CFO George Reyes sold 158 shares of GOOG stock on 09/08/2008 at the average price of $432.66; the price of the stock has decreased by 23.46% since.
Mitsubishi UFJ Financial Group Inc. (MTU, Financial) Reached the 52-Week Low of $6.46
The prices of Mitsubishi UFJ Financial Group Inc. (MTU) shares have declined to close the 52-week low of $6.46, which is 39.8% off the 52-week high of $11.05. Mitsubishi UFJ Financial Group Inc. is owned by 5 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 4 reduced their positions.
Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking asset management services and trust banking. It has a market cap of $66.9 billion, a P/E ratio of 12.42 and P/S ratio of 1.51.
Asian markets were recently down as investors worried about the economic challenges that future president Barack Obama will face. Many companies were down for the week, such as Toyota Motor and others. MTU fell 6%, and other financials were also down.
Kenneth Fisher owns 35,152,723 shares as of 09/30/2008 . Charles Brandes owns 72,007,734 shares as of 06/30/2008 . Richard Pzena owns 1,743,775 shares as of 06/30/2008 . Sarah Ketterer owns 514,647 shares as of 06/30/2008 , a decrease of 45.28% of from the previous quarter. Dodge & Cox owns 24,130,100 shares as of 06/30/2008 , a decrease of 64.34% of from the previous quarter.
News Corp. (NWS, Financial) Reached the 52-Week Low of $8.48
The prices of News Corp. (NWS) shares have declined to close the 52-week low of $8.48, which is 63.6% off the 52-week high of $23.21. News Corp. is owned by 3 Gurus we are tracking. 1 reduced his position in the company.
News Corporation's diversified global operations include the production and distribution of motion pictures and television programming. The dividend yield of News Corp. stocks is 1.4%.
News Corp recently reported a drop of 30% in profit. The company said that this loss was caused by a stronger dollar overseas and lower advertising revenue. Revenue rose 6%, but the company still dropped over 11% on the news.
George Soros owns 153,272 shares as of 06/30/2008 . Chris Davis owns 115,000 shares as of 06/30/2008 . Tom Gayner owns 169,300 shares as of 06/30/2008 , a decrease of 41.75% of from the previous quarter. This position accounts for 0.17% of the $1.52 billion portfolio of Markel Gayner Asset Management Corp.
Chairman and CEO, Director Keith Rupert Murdoch sold 2,000,000 shares of NWS stock on 05/13/2008 at the average price of $18.82; the price of the stock has decreased by 54.94% since.
Amazon.com Inc. (AMZN, Financial) Reached the 52-Week Low of $49.21
The prices of Amazon.com Inc. (AMZN) shares have declined to close the 52-week low of $49.21, which is 51.7% off the 52-week high of $100.82. Amazon.com Inc. is owned by 5 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter.
Amazon.com Inc. seeks to be the world's most customer-centric company. The company has a market cap of $21.1 billion; its shares were traded at around $49.21 with a P/E ratio of 33.75 and P/S ratio of 1.12.
Amazon was recently upgraded by AmTech Research and BWS Financial. AmTech Research upgraded the company from a sell to a Nuetral rating, as BWS Financial upgraded the company form a sell to a hold.
Steve Mandel bought 2,527,634 shares in the quarter that ended on 06/30/2008 . PRIMECAP Management owns 2,805,100 shares as of 06/30/2008 , an increase of 10.02% from the previous quarter. Chris Davis owns 3,183,410 shares as of 06/30/2008 . Bill Miller owns 7,987,679 shares as of 06/30/2008 .
Senior Vice President and CFO Thomas J Szkutak sold 26,000 shares of AMZN stock on 10/01/2008 at the average price of $69.8; the price of the stock has decreased by 29.5% since.
eBay Inc. (EBAY, Financial) Reached the 52-Week Low of $14.19
The prices of eBay Inc. (EBAY) shares have declined to close the 52-week low of $14.19, which is 59.4% off the 52-week high of $36.65. eBay Inc. is owned by 10 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 4 reduced their positions.
eBay is one of the world's largest online trading communities. It has a market cap of $18.12 billion with a P/E ratio of 9.84 and P/S ratio of 2.05.
eBay recently announced that it completed its acquisition of Bill Me Later. eBay bought the company for about $820 million and about $125 million worth of outstanding options. Bill Me Later is a leader in the digital payments industry.
David Winters bought 443,600 shares in the quarter that ended on 06/30/2008 . Wallace Weitz bought 603,530 shares in the quarter that ended on 06/30/2008 . Brian Rogers owns 4,250,000 shares as of 09/30/2008 , an increase of 41.67% from the previous quarter.
SVP, Finance & CFO Robert Holmes Swan bought 10,000 shares of EBAY stock on 07/22/2008 at the average price of $25.03; the price of the stock has decreased by 43.31% since.
Last week’s top two out of favor industries were the Travel/Leisure and the Personal and Household Goods industry. 41 Travel/Leisure companies have reached their 52-week lows. In the Personal and Household goods industry, 80 stocks have reached their 52-week lows, while 2 have reached their 52-week highs.
For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.
Google Inc. (GOOG, Financial) Reached the 52-Week Low of $331.14
The prices of Google Inc. (GOOG) shares have declined to close the 52-week low of $331.14, which is 55.7% off the 52-week high of $741.79. Google Inc. is owned by 11 Gurus we are tracking. Among them, 7 have added to their positions during the past quarter. 5 reduced their positions.
Google is a public and profitable company focused on search services. The company has a market cap of $104.06 billion with a P/E ratio of 20.60 and P/S ratio of 4.97.
Richard Perry bought 20,000 shares in the quarter that ended on 06/30/2008 . Mark Hillman bought 2,445 shares in the quarter that ended on 06/30/2008 . Wallace Weitz owns 4,240 shares as of 06/30/2008 , an increase of 91.86% from the previous quarter. George Soros owns 500 shares as of 06/30/2008 , a decrease of 27.01% of from the previous quarter. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 06/30/2008 .
CFO George Reyes sold 158 shares of GOOG stock on 09/08/2008 at the average price of $432.66; the price of the stock has decreased by 23.46% since.
Mitsubishi UFJ Financial Group Inc. (MTU, Financial) Reached the 52-Week Low of $6.46
The prices of Mitsubishi UFJ Financial Group Inc. (MTU) shares have declined to close the 52-week low of $6.46, which is 39.8% off the 52-week high of $11.05. Mitsubishi UFJ Financial Group Inc. is owned by 5 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 4 reduced their positions.
Mitsubishi Tokyo provides a variety of financial and investment services such as commercial banking asset management services and trust banking. It has a market cap of $66.9 billion, a P/E ratio of 12.42 and P/S ratio of 1.51.
Asian markets were recently down as investors worried about the economic challenges that future president Barack Obama will face. Many companies were down for the week, such as Toyota Motor and others. MTU fell 6%, and other financials were also down.
Kenneth Fisher owns 35,152,723 shares as of 09/30/2008 . Charles Brandes owns 72,007,734 shares as of 06/30/2008 . Richard Pzena owns 1,743,775 shares as of 06/30/2008 . Sarah Ketterer owns 514,647 shares as of 06/30/2008 , a decrease of 45.28% of from the previous quarter. Dodge & Cox owns 24,130,100 shares as of 06/30/2008 , a decrease of 64.34% of from the previous quarter.
News Corp. (NWS, Financial) Reached the 52-Week Low of $8.48
The prices of News Corp. (NWS) shares have declined to close the 52-week low of $8.48, which is 63.6% off the 52-week high of $23.21. News Corp. is owned by 3 Gurus we are tracking. 1 reduced his position in the company.
News Corporation's diversified global operations include the production and distribution of motion pictures and television programming. The dividend yield of News Corp. stocks is 1.4%.
News Corp recently reported a drop of 30% in profit. The company said that this loss was caused by a stronger dollar overseas and lower advertising revenue. Revenue rose 6%, but the company still dropped over 11% on the news.
George Soros owns 153,272 shares as of 06/30/2008 . Chris Davis owns 115,000 shares as of 06/30/2008 . Tom Gayner owns 169,300 shares as of 06/30/2008 , a decrease of 41.75% of from the previous quarter. This position accounts for 0.17% of the $1.52 billion portfolio of Markel Gayner Asset Management Corp.
Chairman and CEO, Director Keith Rupert Murdoch sold 2,000,000 shares of NWS stock on 05/13/2008 at the average price of $18.82; the price of the stock has decreased by 54.94% since.
Amazon.com Inc. (AMZN, Financial) Reached the 52-Week Low of $49.21
The prices of Amazon.com Inc. (AMZN) shares have declined to close the 52-week low of $49.21, which is 51.7% off the 52-week high of $100.82. Amazon.com Inc. is owned by 5 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter.
Amazon.com Inc. seeks to be the world's most customer-centric company. The company has a market cap of $21.1 billion; its shares were traded at around $49.21 with a P/E ratio of 33.75 and P/S ratio of 1.12.
Amazon was recently upgraded by AmTech Research and BWS Financial. AmTech Research upgraded the company from a sell to a Nuetral rating, as BWS Financial upgraded the company form a sell to a hold.
Steve Mandel bought 2,527,634 shares in the quarter that ended on 06/30/2008 . PRIMECAP Management owns 2,805,100 shares as of 06/30/2008 , an increase of 10.02% from the previous quarter. Chris Davis owns 3,183,410 shares as of 06/30/2008 . Bill Miller owns 7,987,679 shares as of 06/30/2008 .
Senior Vice President and CFO Thomas J Szkutak sold 26,000 shares of AMZN stock on 10/01/2008 at the average price of $69.8; the price of the stock has decreased by 29.5% since.
eBay Inc. (EBAY, Financial) Reached the 52-Week Low of $14.19
The prices of eBay Inc. (EBAY) shares have declined to close the 52-week low of $14.19, which is 59.4% off the 52-week high of $36.65. eBay Inc. is owned by 10 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 4 reduced their positions.
eBay is one of the world's largest online trading communities. It has a market cap of $18.12 billion with a P/E ratio of 9.84 and P/S ratio of 2.05.
eBay recently announced that it completed its acquisition of Bill Me Later. eBay bought the company for about $820 million and about $125 million worth of outstanding options. Bill Me Later is a leader in the digital payments industry.
David Winters bought 443,600 shares in the quarter that ended on 06/30/2008 . Wallace Weitz bought 603,530 shares in the quarter that ended on 06/30/2008 . Brian Rogers owns 4,250,000 shares as of 09/30/2008 , an increase of 41.67% from the previous quarter.
SVP, Finance & CFO Robert Holmes Swan bought 10,000 shares of EBAY stock on 07/22/2008 at the average price of $25.03; the price of the stock has decreased by 43.31% since.
