Weekly Guru Bargains Highlights: Bank of America Corp, St. Mary Land & Exploration Company, Southwest Airlines Co, MettlerToledo International Inc.

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Apr 11, 2009
Last week's top guru bargain stocks were Bank of America Corp, St. Mary Land & Exploration Company, Southwest Airlines Co, MettlerToledo International Inc. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.


Bank of America Corp. (BAC, Financial): Down 45% Since Ronald Muhlenkamp Bought In the Quarter Ended on 2008-12-31


Ronald Muhlenkamp initiated holdings in Banks company Bank of America Corp. during the quarter ended 12/31/2008. He owned 1,190,465 shares of as of 12/31/2008. Bank of America Corp. is one of the world's leading financial services companies. The company has a market cap of $61.13 billion; its shares were traded at around $9.55 with a P/E ratio of 13.8 and P/S ratio of 0.9. The dividend yield of Bank of America Corp. stocks is 0.4%. Bank of America Corp. had an annual average earning growth of 7.5% over the past 10 years.


Bank of America recently reported its full year and fourth quarter 2008 results. The company reported a profit of $4.01 billion, compared with $14.98 billion in the full year of 2007. In the fourth quarter of 2008, the company had a net loss of $1.79 billion compared with net income of $268 million a year earlier. The company had a fourth-quarter net interest income of $13,106 million compared to $9,165 of 2007; fourth-quarter net interest income was $45,360 million compared to 34,441 of 2007.


Ronald Muhlenkamp bought 1,190,465 shares in the quarter that ended on 12/31/2008, which is 2.66% of the $631 million portfolio of Muhlenkamp Fund. John Hussman owns 400,000 shares as of 12/31/2008, an increase of 60% from the previous quarter. Dodge & Cox owns 294,334 shares as of 12/31/2008, a decrease of 26.12% of from the previous quarter. This position accounts for 0.01% of the $65.51 billion portfolio of Dodge & Cox. Ken Heebner sold out his holdings in the quarter that ended on 12/31/2008. George Soros sold out his holdings in the quarter that ended on 12/31/2008.


Buy: Chairman CEO and Pres, Director Kenneth D Lewis bought 200,000 shares of BAC stock on 02/04/2009 at the average price of $4.79; the price of the stock has increased by 99.37% since.


St. Mary Land & Exploration Company (SM, Financial): Down 22% Since David Dreman Bought In the Quarter Ended on 2008-12-31


David Dreman added to his holdings in Exploration & Production company St. Mary Land & Exploration Company by 158.19% during the quarter ended 12/31/2008. He owned 1,138,295 shares of as of 12/31/2008. ST. MARY LAND & EXPLORATION is an independent oil and gas company with a market cap of $1 billion; its shares were traded at around $16.11 with a P/E ratio of 3.9 and P/S ratio of 0.8. The dividend yield of St. Mary Land & Exploration Company stocks is 0.6%. St. Mary Land & Exploration Company had an annual average earning growth of 29.3% over the past 10 years. GuruFocus rated St. Mary Land & Exploration Company the business predictability rank of 3.5-star.


SM recently reported its full year and fourth quarter 2008 results. The company announced that its Adjusted net income was $27.1 million, or $0.43 per diluted share. For the fourth quarter of 2008, the company reported a net loss pf $126 million, or $2.01 per share.


Robert Rodriguez bought 242,500 shares in the quarter that ended on 12/31/2008, which is 0.84% of the $586 million portfolio of FPA Capital. David Dreman owns 1,138,295 shares as of 12/31/2008, an increase of 158.19% from the previous quarter. Third Avenue Management owns 4,085,867 shares as of 12/31/2008, an increase of 47% from the previous quarter. NWQ Managers owns 801,162 shares as of 12/31/2008, an increase of 31.06% from the previous quarter.


Buy: CEO & President Anthony James Best bought 1,500 shares of SM stock on 03/06/2009 at the average price of $11.68; the price of the stock has increased by 37.93% since.


Southwest Airlines Co. (LUV, Financial): Down 25% Since John Hussman Bought In the Quarter Ended on 2008-12-31


John Hussman initiated holdings in Airlines company Southwest Airlines Co. during the quarter ended 12/31/2008. He owned 1,500,000 shares of as of 12/31/2008. Southwest Airlines is a major domestic airline that provides primarily short haul high-frequency point-to-point low-fare service. The company has a market cap of $5.46 billion; its shares were traded at around $7.38 with a P/E ratio of 19 and P/S ratio of 0.5. The dividend yield of Southwest Airlines Co. stocks is 0.2%. Southwest Airlines Co. had an annual average earning growth of 4.3% over the past 10 years. GuruFocus rated Southwest Airlines Co. the business predictability rank of 2-star.


Southwest Airlines recently reported its fourth quarter 2008 results. The company announced that it had its 36th consecutive year of profitability in the full year of 2008. Net income was $61 million for the fourth quarter of 2008, which was down 30% compared to the fourth quarter of 2007.


John Hussman bought 1,500,000 shares in the quarter that ended on 12/31/2008, which is 0.38% of the $3.37 billion portfolio of Hussman Economtrics Advisors, Inc. PRIMECAP Management owns 63,084,676 shares as of 12/31/2008, which accounts for 1.25% of the $43.42 billion portfolio of PRIMECAP Management. Brian Rogers sold out his holdings in the quarter that ended on 12/31/2008.


MettlerToledo International Inc. (MTD, Financial): Down 25% Since David Dreman Bought In the Quarter Ended on 2008-12-31


David Dreman added to his holdings in Electronic Equipment company MettlerToledo International Inc. by 28.36% during the quarter ended 12/31/2008. He owned 247,991 shares of as of 12/31/2008. Mettler-Toledo is the world's largest manufacturer and marketer of weighinginstruments for use in laboratory industrial and food retailing applications. The Company has a market cap of $1.86 billion; its shares were traded at around $55.27 with a P/E ratio of 9.5 and P/S ratio of 0.8. MettlerToledo International Inc. had an annual average earning growth of 13.1% over the past 10 years. GuruFocus rated MettlerToledo International Inc. the business predictability rank of 3-star.


MTD recently reported its full year 2008 results. The company announced that its net sales in 2008 was $1.9 billion, compared to $1.8 billion in the full year of 2007. Operating income for the year of $311 million, compared to $275 million in the full year of 2007.


Ron Baron bought 1,099,236 shares in the quarter that ended on 12/31/2008, which is 0.7% of the $10.58 billion portfolio of Baron Funds. David Dreman owns 247,991 shares as of 12/31/2008, an increase of 28.36% from the previous quarter. This position accounts for 0.22% of the $7.73 billion portfolio of Dreman Value Management. Ruane Cunniff owns 4,600 shares as of 12/31/2008, which accounts for less than 0.01% of the $6.97 billion portfolio of Ruane & Cunniff & Goldfarb Inc.


Buy: President and CEO Oliver A Filliol bought 6,467 shares of MTD stock on 03/13/2009 at the average price of $47.02; the price of the stock has increased by 17.55% since.