Michael Price Top Purchases: Huron Consulting Group Inc., Marvel Entertainment Inc., MetroPCS Communications Inc., Smithfield Foods Inc., Terra Industries Inc.

Michael Price Top Puchases: HURN, MVL, PCS, SFD, TRA

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Nov 23, 2009
(GuruFocus, November 22, 2009) In the interview you just watched, Michael Price stated the value investing is the only to go with investing. There is no other way.


Here are the top purchases he made during the quarter that ended on September 30, 2009:


No. 1: Huron Consulting Group Inc. (HURN, Financial), Buy: 2.96% of the portfolio - Total: 387,500 Shares

Huron Consulting Group Inc. is the parent company of Huron Consulting Services LLC, an independent provider of financial and operational consulting services. Huron's experienced and credentialed professionals employ their expertise in accounting, finance, economics and operations to a wide variety of both financially sound and distressed organizations, including Fortune 500 companies, medium-sized businesses, leading academic institutions, healthcare organizations and the law firms that represent these various organizations. Huron Consulting Group Inc. has a market cap of $498.19 million; its shares were traded at around $23.15 with a P/E ratio of 11.69 and P/S ratio of 0.74.


No. 2: Marvel Entertainment Inc. (MVL, Financial), Buy: 0.48% of the portfolio - Total: 33,000 Shares

Marvel Entertainment, Inc. is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused on utilizing its character franchises in licensing, entertainment, publishing and toys. Areas of emphasis include feature films, DVD/home video, consumer products, video games, action figures and role-playing toys, television and promotions. Marvel Entertainment Inc. has a market cap of $4.07 billion; its shares were traded at around $51.83 with a P/E ratio of 25.92 and P/S ratio of 6.02. Marvel Entertainment Inc. had an annual average earning growth of 15.4% over the past 5 years.


No. 3: MetroPCS Communications Inc. (PCS, Financial), Add: 0.8% of the portfolio - Total: 325,000 Shares

MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $2.3 billion; its shares were traded at around $6.52 with a P/E ratio of 12.78 and P/S ratio of 0.83.


No. 4: Smithfield Foods Inc. (SFD, Financial), Buy: 0.82% of the portfolio - Total: 200,000 Shares

Smithfield Foods, Inc. is one of the world's largest pork processors and hog producer. Smithfield Foods conducts its business through two groups, the Meat Processing Group and the Hog Production Group. The Meat Processing Group produces domestically and internationally a wide variety of fresh pork and processed meat products and markets them nationwide and to foreign markets. The company has vertically integrated into hog production through its Hog Production Group, which provides the Meat Processing Group with its live hog requirements. Smithfield Foods Inc. has a market cap of $2.68 billion; its shares were traded at around $16.22 with and P/S ratio of 0.21. Smithfield Foods Inc. had an annual average earning growth of 1.9% over the past 10 years.


No. 5: Terra Industries Inc. (TRA, Financial), Add: 0.86% of the portfolio - Total: 405,000 Shares

Terra Industries, Inc. is an industry leader in the production and marketing of both nitrogen products and methanol. Terra is one of the largest producers of anhydrous ammonia and nitrogen solutions in the United States and Canada and of ammonium nitrate in the United Kingdom. In addition, Terra is one of the largest U.S. producers and marketers of methanol. Terra Industries Inc. has a market cap of $4 billion; its shares were traded at around $40.06 with a P/E ratio of 12.52 and P/S ratio of 1.38. The dividend yield of Terra Industries Inc. stocks is 1%. Terra Industries Inc. had an annual average earning growth of 53.1% over the past 5 years.


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