Guru Stocks at 52-Week High: Myriad Genetics, Macrovision, The Scotts MiracleGro Company, Sunoco Logistics Partners, Autozone Inc.
Myriad Genetics Inc. (MYGN) Reached the 52-Week High of $44.15
Myriad Genetics Inc. uses gene-based medicine to develop therapeutic and molecular diagnostic products. The company employs a variety of proprietary proteomic technologies to discover disease genes and to understand the role these genes and their related proteins play in the onset and progression of disease. They have integrated these technologies using bioinformatics and robotics systems to conduct their research efforts on a high-throughput basis, which has enabled them to identify numerous proteins as targets for new drugs and molecular diagnostic tests. Myriad Genetics Inc. has a market cap of $2.01 billion; its shares were traded at around $44.15 with a P/E ratio of 20.9 and P/S ratio of 6.
On February 3, 2009, Myriad Genetics announced results of their second quarter for fiscal year 2009. The company recorded a net profit of $21.2 million, compared to a net loss of $5.1 million in the same quarter of the prior year. Product revenues rose to $84.0 million from $53.1 million in the same three months of the prior year.
Sell: CFO James S Evans sold 21,928 shares of MYGN stock in February; the price of the stock has increased by 10.35% since. Sell: COO, MPI W Wayne Laslie and Sell: Executive V.P. - Research Jerry S Lanchbury both sold shares in March. Sell: COO, MGL Mark Christopher Capone, Sell: Executive V.P. - Research Jerry S Lanchbury, and Sell: Pres. Myriad Pharmaceuticals Adrian N Hobden sold shares of MYGN stock in February; the price per share has increased more than 4% since.
The Scotts MiracleGro Company Commmon (SMG) Reached the 52-Week High of $35.53
The Scotts Company is engaged in the manufacture and sale of lawn care and garden products. The Company's major customers include mass merchandisers, home improvement centers, and large hardware chains. The Scotts MiracleGro Company Commmon has a market cap of $2.33 billion; its shares were traded at around $35.53 with a P/E ratio of 16.8 and P/S ratio of 0.7. The dividend yield of The Scotts MiracleGro Company Commmon stocks is 1.4%. The Scotts MiracleGro Company Commmon had an annual average earning growth of 2.4% over the past 10 years.
On February 3, 2009, The Scotts MiracleGro Company reported first quarter results. The reported GAAP basis net loss was $57.0 million, which compares with a reported GAAP basis net loss of $56.8 million, for the same period a year ago. Sales were $318 million, up 3 percent from the same period a year ago.
Sell: Chairman and CEO, 10% Owner James Hagedorn sold 90,369 shares of SMG stock during October and February. The price per stock has increased by more than 27% since his last sell. Buy: Director Carl F Kohrt bought 760 shares of SMG stock on 02/11/2009 and the price of the stock has increased by 7.15% since. Sell: 10% Owner Partnership, L.p. Hagedorn sold shares of SMG stock throughout February and March; the price per stock has increased by over 17%.
Macrovision Corp. (MVSN) Reached the 52-Week High of $17.78
Macrovision Solutions enables the digital home entertainment experience by allowing businesses to protect, enhance, and distribute digital goods to consumers across multiple channels. Macrovision Solutions is headquartered in Santa Clara, California with approximately 13 offices in the United States and around the world. Macrovision Corp. has a market cap of $1.77 billion; its shares were traded at around $17.78 with a P/E ratio of 97.2 and P/S ratio of 5.4. Macrovision Corp. had an annual average earning growth of 14.8% over the past 10 years.
Macrovision Solutions Corporation announced on February 10, 2009, on a GAAP basis, fourth quarter 2008 revenues of $118.2 million, compared to $41.9 million for the fourth quarter of 2007. Fourth quarter 2008 GAAP net loss was $209.9 million compared to net income of $9.2 million for the fourth quarter of 2007.
MVSN is in the portfolios of PRIMECAP Management and George Soros of Soros Fund
Sell: President and CEO Alfred J Amoroso sold 27,500 shares of MVSN stock on 3/02/2009; the price of the stock has increased by more than 16% since. Sell: E.V.P., C.F.O. James Budge also sold shares on 3/02/2009.
Sunoco Logistics Partners L.P. (SXL) Reached the 52-Week High of $53.06
Sunoco Logistics Partners L.P. is a limited partnership recently formed by Sunoco Inc. to acquire, own, and operate a geographically diverse and complementary crude oil pipelines and terminal facilities. Sunoco Logistics Partners L.P. has a market cap of $1.52 billion; its shares were traded at around $53.06 with a P/E ratio of 10.6 and P/S ratio of 0.2. The dividend yield of Sunoco Logistics Partners L.P. stocks is 7.4%. Sunoco Logistics Partners L.P. had an annual average earning growth of 12% over the past 5 years.
On January 28, 2009, Sunoco Logistics Partners L.P. today announced record quarterly net income for the fourth quarter ended December 31, 2008 of $75.3 million, a 110% increase in net income over the $35.8 million for the fourth quarter ended December 31, 2007. Operating income for the fourth quarter ended December 31, 2008 increased by $38.6 million, or 87 percent, from the prior year’s fourth quarter.
AutoZone Inc. (AZO) Reached the 52-Week High of $164.19
Autozone is the nation's leading specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. Each of the company's auto parts stores carries an extensive product line for cars, vans, and light trucks including new and re-manufactured automotive hard parts, maintenance items, and accessories. AutoZone Inc. has a market cap of $9.44 billion; its shares were traded at around $164.19 with a P/E ratio of 15.4 and P/S ratio of 1.4. AutoZone Inc. had an annual average earning growth of 23.1% over the past 10 years. GuruFocus rated AutoZone Inc. the business predictability rank of 3-star.
On March 3, 2009, AutoZone Inc. reported net sales of $1.4 billion for its second quarter (12 weeks) ended February 14, 2009, an increase of 8.1% from fiscal second quarter 2008 (12 weeks). Net income for the quarter increased $9.2 million, or 8.6%, over the same period last year to $115.9 million.
AZO is in the portfolio of Edward Lampert of ESL Investments.
Buy: 10% Owner Edward S Lampert bought 342,405 shares of AZO stock in October; the price per stock has increased by more than 60% since