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Guru Stocks at 52-Week Low: MetroPCS Communications Inc, Leap Wireless International Inc, Glacier Bancorp Inc, Luminex Corp, Whitney Holding Corp.

Last week's top five stocks that reached their 52-week lows were MetroPCS Communications Inc, Leap Wireless International Inc, Glacier Bancorp Inc, Luminex Corp, and Whitney Holding Corp. According to GuruF.ocus updates, these Guru stocks have reached their 52-week lows.

Last week's top two out of favor industries were the Banking and Construction/Materials industry. 49 banks have reached their 52-week lows, while 15 have reached their 52-week highs, giving the industry a low/high ratio of 3.27. In the Construction/Materials industry, 1 stock has reached their 52-week lows, while 2 have reached their 52-week high, giving the industry a low/high ratio of 0.5.

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

MetroPCS Communications Inc. (PCS) Reached the 52-Week Low of $5.98

The prices of MetroPCS Communications Inc. (PCS) shares have declined to close to the 52-week low of $5.98, which is 68.1% off the 52-week high of $18.75. MetroPCS Communications Inc. is owned by 2 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 1 reduced their positions. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $2.11 billion; its shares were traded at around $5.98 with a P/E ratio of 13.8 and P/S ratio of 0.7.

MetroPCS recently reported its third quarter results. The company announced that its consolidated total revenue was approximately $896 million, an increase of 30% over third quarter of 2008. “This quarter we focused on managing costs; we delivered solid financial results and positioned the company for future growth. On a consolidated basis, we reported the highest consolidated quarterly Adjusted EBITDA in company history. In a seasonally slow quarter, we reported net additions that were below our expectations, due primarily to elevated churn and a deceleration in gross additions. We believe this was the result of continued U.S. macro-economic weakness, an increasingly competitive environment, and upward adjustments we made to the price of certain handsets,” said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.

MetroPCS Communications Inc. is owned by 2 Gurus. Michael Price bought 35,000 shares in the quarter that ended on 06/30/2009, which is 0.16% of the $285 million portfolio of MFP Investors LLC. Wilbur Ross owns 3,577,873 shares as of 06/30/2009, which accounts for 11.31% of the $420 million portfolio of Invesco Private Capital, Inc..

Sell:: COO Thomas Christopher Keys sold 6,800 shares of PCS stock on 06/01/2009 at the average price of 17.5, the price of the stock has decreased by 65.83% since. Sell:: Associates Inc Ta sold 13 shares of PCS stock on 05/20/2009 at the average price of 17.96, the price of the stock has decreased by 66.7% since. Sell:: Associates Inc Ta sold 987 shares of PCS stock on 05/20/2009 at the average price of 17.96, the price of the stock has decreased by 66.7% since

Leap Wireless International Inc. (LEAP) Reached the 52-Week Low of $12.66

The prices of Leap Wireless International Inc. (LEAP) shares have declined to close to the 52-week low of $12.66, which is 69.2% off the 52-week high of $41.05. Leap Wireless International Inc. is owned by 4 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter.

Leap Wireless is a customer-focused company providing innovative mobile wireless services that are targeted to meet the needs of customers who are under-served by traditional communications companies. With a commitment to predictability simplicity and value as the foundation of our business Leap pioneered Cricket? service a simple and affordable wireless alternative to traditional landline service. Cricket service offers customers unlimited anytime minutes within the Cricket calling area over a high-quality all-digital CDMA network. Leap Wireless International Inc. has a market cap of $980 million; its shares were traded at around $12.66 with and P/S ratio of 0.5.

LEAP Wireless recently reported its third quarter results. The company announced that its service revenues for the third quarter increased 25 percent over the prior year quarter to $541.3 million. It also announced an adjusted OIBDA of $121.5 million for the third quarter, up $24 million over the comparable period of the prior year. For the quarter, adjusted OIBDA for the Company’s existing business was $175.0 million, an increase of $28.1 million from the prior year period. This improvement reflects an approximately 263,000 year-over-year increase in end-of-period customers in existing markets and the resulting benefits of scale. The Company’s operating income for the quarter was $1.4 million, compared to $2.4 million for the third quarter of 2008.

Leap Wireless International Inc. is owned by 2 Gurus. Lee Ainslie bought 2,532,494 shares in the quarter that ended on 06/30/2009, which is 1.29% of the $6.44 billion portfolio of Maverick Capital. Jean-Marie Eveillard owns 452,360 shares as of 06/30/2009, an increase of 543.56% from the previous quarter. This position accounts for 0.17% of the $8.91 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.

Buy:: Capital Partners Mas Harbinger bought 300,000 shares of LEAP stock on 05/28/2009 at the average price of 37.7, the price of the stock has decreased by 66.42% since. Other insiders have decreased their positions in the company.

Glacier Bancorp Inc. (GBCI) Reached the 52-Week Low of $12.29

The prices of Glacier Bancorp Inc. (GBCI) shares have declined to close to the 52-week low of $12.29, which is 40.0% off the 52-week high of $20.24. Glacier Bancorp Inc. is owned by 3 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 2 reduced their positions.

Glacier Bancorp Inc. is a bank holding company. Glacier Bancorp Inc. has a market cap of $756.1 million; its shares were traded at around $12.29 with a P/E ratio of 17.8 and P/S ratio of 2.1. The dividend yield of Glacier Bancorp Inc. stocks is 4.3%. Glacier Bancorp Inc. had an annual average earning growth of 11.9% over the past 5 years.

Glacier Bancorp recently reported its second quarter results. The company announced that its net earnings for the quarter were 10.6 million, and year to date earnings were 26.4 million.

John Keeley bought 194,900 shares in the quarter that ended on 06/30/2009, which is 0.05% of the $5.82 billion portfolio of Keeley Fund Management. Kenneth Fisher owns 2,051,900 shares as of 09/30/2009, which accounts for 0.1% of the $29.78 billion portfolio of Fisher Asset Management, LLC. Private Capital owns 701,840 shares as of 06/30/2009, which accounts for 0.72% of the $1.44 billion portfolio of Private Capital Management. Ron Baron sold out his holdings in the quarter that ended on 06/30/2009.

Buy:: Chairman of the Board Everit A Sliter bought 2,200 shares of GBCI stock on 08/03/2009 at the average price of 15.88, the price of the stock has decreased by 22.61% since

Luminex Corp. (LMNX) Reached the 52-Week Low of $14.2

The prices of Luminex Corp. (LMNX) shares have declined to close to the 52-week low of $14.2, which is 42.6% off the 52-week high of $23.77. Luminex Corp. is owned by 1 Guru we are tracking. Luminex Corporation has developed manufactures and markets a proprietarytechnology that simplifies biological testing for the life sciences industry. Luminex Corp. has a market cap of $589.1 million; its shares were traded at around $14.2 with a P/E ratio of 71.1 and P/S ratio of 5.6.

Luminex Corp. recently reported its third quarter results. The company reported that its revenue was $29.1 million, up 1% from the third quarter of 2008. “We are pleased with our performance in the quarter, especially given the economic and market conditions,” said Patrick J. Balthrop, president and chief executive officer of Luminex. “We achieved record instrument shipments during the third quarter, and record instrument revenue as continuing to grow our installed base of instruments is a strategic priority for Luminex. We continued to grow our Assay Group revenue, led by our innovative Respiratory Viral Panel. Although we reported a sequential decline in our bulk consumable sales, we believe this is a temporary phenomenon. We expect our consumables to return to growth in the near term.”

PRIMECAP Management bought 413,219 shares in the quarter that ended on 06/30/2009, which is 0.02% of the $48.26 billion portfolio of PRIMECAP Management.

Sell:: VP, Bioscience Group Gregory J Gosch sold 2,500 shares of LMNX stock on 09/16/2009 at the average price of 18, the price of the stock has decreased by 21.11% since. Many other insiders have also decreased their positions in the company.

Whitney Holding Corp. (WTNY) Reached the 52-Week Low of $8.31

The prices of Whitney Holding Corp. (WTNY) shares have declined to close to the 52-week low of $8.31, which is 59.4% off the 52-week high of $19.74. Whitney Holding Corp. is owned by 1 Gurus we are tracking, who reduced their position in the company.

WHITNEY HOLDING CORP. is a Louisiana bank holding company registered pursuant to the Bank Holding Company Act of 1956. The Company has a market cap of $562.6 million; its shares were traded at around $8.31 with and P/S ratio of 0.8. The dividend yield of Whitney Holding Corp. stocks is 0.5%. Whitney Holding Corp. had an annual average earning growth of 5.7% over the past 10 years.

Whitney recently reported its third quarter 2009 results. The company announced that it recorded a net loss of $30.0 million for the third quarter of 2009 compared to a net loss of $21.3 million for the second quarter of 2009.“Whitney is a strong franchise that continues to report a stable core deposit base and a top ranked net interest margin,” said John C. Hope, III, Chairman and CEO. “Our loan portfolio outside of Florida is performing in line with our expectations despite increasing levels of stress from the overall economic environment and we are managing all problem areas aggressively. While addressing credit issues is currently our top priority, we remain committed to our Strategic Plan with the goal of creating long-term value for our shareholders.”

Private Capital owns 1,022,905 shares as of 06/30/2009, a decrease of 27.4% of from the previous quarter. This position accounts for 0.65% of the $1.44 billion portfolio of Private Capital Management.

Buy:: Chairman of the Board and CEO John C Iii Hope bought 10,000 shares of WTNY stock on 11/04/2009 at the average price of 7.94, the price of the stock has increased by 4.66% since. Other insiders have also increased their positions in the company.

Go here for the complete list of 52-week lows.

About the author:

guruyt

Shaun Rein is the Founder and Managing Director of the China Market Research Group (CMR). He is a columnist for BusinessWeek's Asia Insight column. He has been widely published, written about and quoted in newspapers worldwide including Forbes, the Harvard Business Review, Dow Jones' MarketWatch, TheStreet.com, Investor's Business Daily, IHT, Finance Asia, the Wall Street Journal, and Barron's. He is regularly interviewed for National Public Radio's Marketplace.

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