(GuruFocus, November 23, 2009) Investment Guru Ken Heebner is a trader, tossing between tens of stocks at any given time. GuruFocus records that as of September 30, 2009, he has a stock portfolio of $6.72 distributed among 77 stocks and among them, 38 stocks are new names.
These are the top purchases of Ken Heebner in the third quarter of 2009:
No. 1: Apple Inc. (AAPL, Financial), Buy: 3.23% of the portfolio - Total: 1,169,900 Shares
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $179.09 billion; its shares were traded at around $199.92 with a P/E ratio of 31.83 and P/S ratio of 4.9. Apple Inc. had an annual average earning growth of 90.5% over the past 5 years.
No. 2: FreeportMcMoRan Copper & Gold Inc. (FCX, Financial), Buy: 6.11% of the portfolio - Total: 5,984,400 Shares
Freeport-McMoRan is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. They are the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries, P.T. Freeport Indonesia (PT-FI), P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper, S.A. (Atlantic). Freeportmcmoran Copper & Gold Inc. has a market cap of $36.37 billion; its shares were traded at around $84.57 with a P/E ratio of 31.44 and P/S ratio of 2.04. Freeportmcmoran Copper & Gold Inc. had an annual average earning growth of 15.1% over the past 10 years.
No. 3: FedEx Corp. (FDX, Financial), Add: 3.58% of the portfolio - Total: 4,003,500 Shares
FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Fedex Corp. has a market cap of $25.56 billion; its shares were traded at around $81.78 with a P/E ratio of 26.3 and P/S ratio of 0.72. The dividend yield of Fedex Corp. stocks is 0.54%. Fedex Corp. had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated Fedex Corp. the business predictability rank of 3.5-star.
No. 4: Southern Copper Corp. (PCU, Financial), Add: 3.97% of the portfolio - Total: 9,630,000 Shares
Southern Peru Copper Corp. objective is to increase stockholder value through earnings and cash flow growth in varied market conditions. They also intend to supplement internal growth by selectively pursuing value-enhancing acquisition opportunities. Southern Copper Corp. has a market cap of $29.64 billion; its shares were traded at around $34.87 with a P/E ratio of 65.79 and P/S ratio of 6.11. The dividend yield of Southern Copper Corp. stocks is 2.06%. Southern Copper Corp. had an annual average earning growth of 46.7% over the past 10 years.
No. 5: Prudential Financial Inc. (PRU, Financial), Buy: 3.42% of the portfolio - Total: 4,605,100 Shares
Prudential Financial, Inc. is one of the largest financial services institutions in the United States. They provide a wide range of insurance, investment management and other financial products and services. Prudential Financial Inc. has a market cap of $21.98 billion; its shares were traded at around $47.67 with a P/E ratio of 19.22 and P/S ratio of 0.84. The dividend yield of Prudential Financial Inc. stocks is 1.22%. Prudential Financial Inc. had an annual average earning growth of 3.6% over the past 5 years.
Conclusions:
For the time, as of the third quarter of 2009, Heebner likes Copper related stocks (PCU and FCX).
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These are the top purchases of Ken Heebner in the third quarter of 2009:
No. 1: Apple Inc. (AAPL, Financial), Buy: 3.23% of the portfolio - Total: 1,169,900 Shares
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $179.09 billion; its shares were traded at around $199.92 with a P/E ratio of 31.83 and P/S ratio of 4.9. Apple Inc. had an annual average earning growth of 90.5% over the past 5 years.
No. 2: FreeportMcMoRan Copper & Gold Inc. (FCX, Financial), Buy: 6.11% of the portfolio - Total: 5,984,400 Shares
Freeport-McMoRan is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. They are the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries, P.T. Freeport Indonesia (PT-FI), P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper, S.A. (Atlantic). Freeportmcmoran Copper & Gold Inc. has a market cap of $36.37 billion; its shares were traded at around $84.57 with a P/E ratio of 31.44 and P/S ratio of 2.04. Freeportmcmoran Copper & Gold Inc. had an annual average earning growth of 15.1% over the past 10 years.
No. 3: FedEx Corp. (FDX, Financial), Add: 3.58% of the portfolio - Total: 4,003,500 Shares
FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Fedex Corp. has a market cap of $25.56 billion; its shares were traded at around $81.78 with a P/E ratio of 26.3 and P/S ratio of 0.72. The dividend yield of Fedex Corp. stocks is 0.54%. Fedex Corp. had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated Fedex Corp. the business predictability rank of 3.5-star.
No. 4: Southern Copper Corp. (PCU, Financial), Add: 3.97% of the portfolio - Total: 9,630,000 Shares
Southern Peru Copper Corp. objective is to increase stockholder value through earnings and cash flow growth in varied market conditions. They also intend to supplement internal growth by selectively pursuing value-enhancing acquisition opportunities. Southern Copper Corp. has a market cap of $29.64 billion; its shares were traded at around $34.87 with a P/E ratio of 65.79 and P/S ratio of 6.11. The dividend yield of Southern Copper Corp. stocks is 2.06%. Southern Copper Corp. had an annual average earning growth of 46.7% over the past 10 years.
No. 5: Prudential Financial Inc. (PRU, Financial), Buy: 3.42% of the portfolio - Total: 4,605,100 Shares
Prudential Financial, Inc. is one of the largest financial services institutions in the United States. They provide a wide range of insurance, investment management and other financial products and services. Prudential Financial Inc. has a market cap of $21.98 billion; its shares were traded at around $47.67 with a P/E ratio of 19.22 and P/S ratio of 0.84. The dividend yield of Prudential Financial Inc. stocks is 1.22%. Prudential Financial Inc. had an annual average earning growth of 3.6% over the past 5 years.
Conclusions:
For the time, as of the third quarter of 2009, Heebner likes Copper related stocks (PCU and FCX).
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