Guru Stocks at 52-Week Low: Exxon Mobil, Allegheny Energy, GameStop Corp, MetroPCS Communications Inc, SunPower Corp.

Guru Stocks at 52-Week Low: XOM, AYE, GME, FNF, PCS

Author's Avatar
Feb 01, 2010
Last week’s top five stocks that reached their 52-week lows were Exxon Mobil, Allegheny Energy, GameStop Corp, MetroPCS Communications Inc, and SunPower Corp. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Last week’s top two out of favor industries were the Construction/Materials and Oil/Gas Producers industries. 2 Construction/Materials companies have reached their 52-week lows, while 1 has reached its 52-week high, giving the industry a low/high ratio of 2. In the Oil/Gas Producers industry, 3 stocks have reached their 52 week lows, while 2 have reached their 52-weeek highs, giving the industry a low/high ratio of 1.5.

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

Exxon Mobil Corp. (XOM, Financial) Reached the 52-Week Low of $64.43

The prices of Exxon Mobil Corp. (XOM) shares have declined to close to the 52-week low of $64.43, which is 22.6% off the 52-week high of $80.34. Exxon Mobil Corp. is owned by 30 Gurus we are tracking. Among them, 11 have added to their positions during the past quarter. 13 reduced their positions.

Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. Exxon has a market cap of $304.88 billion; its shares were traded at around $64.43 with a P/E ratio of 15.1 and P/S ratio of 0.7. The dividend yield of Exxon Mobil Corp. stocks is 2.5%. Exxon Mobil Corp. had an annual average earning growth of 16.8% over the past 10 years. GuruFocus rated Exxon Mobil Corp. the business predictability rank of 4-star.

John Rogers and Robert Olstein both have positions in the company. Legendary investor Warren Buffett bought 1,276,290 shares in the quarter that ended on 09/30/2009, which is 0.15% of the $56.55 billion portfolio of Berkshire Hathaway.

Many insiders have reduced their positions in the company.

Allegheny Energy Inc. (AYE, Financial) Reached the 52-Week Low of $20.95

The prices of Allegheny Energy Inc. (AYE) shares have declined to close to the 52-week low of $20.95, which is 41.1% off the 52-week high of $34.87. Allegheny Energy Inc. is owned by 9 Gurus we are tracking. Among them, 5 have added to their positions during the past quarter. 5 reduced their positions.

Allegheny recently reported its third quarter results. Adjusted net income for the third quarter of 2009 excludes $19.3 million of pre-tax interest expense related to a debt tender offer and net unrealized pre-tax losses of $18.3 million on economic hedges that do not qualify for hedge accounting. Adjusted net income for the third quarter of 2008 excludes $4.0 million of unrealized pre-tax losses on economic hedges.

Allegheny Energy, Inc. is a diversified utility holding company. They own directly and indirectly various regulated and non-regulated subsidiaries and have aligned its businesses into three principal business segments: regulated utility operations, unregulated generation operations and other unregulated operations. Allegheny Energy Inc. has a market cap of $3.55 billion; its shares were traded at around $20.95 with a P/E ratio of 9.6 and P/S ratio of 1.1. The dividend yield of Allegheny Energy Inc. stocks is 2.7%. Allegheny Energy Inc. had an annual average earning growth of 46% over the past 5 years.

Richard Perry, George Soros, Arnold Schneider, Andreas Halvorsen, and John Keeley all have positions in the company. David Einhorn sold out his holdings in the quarter that ended on 09/30/2009.

Senior VP and CFO Kirk R Oliver bought 1,000 shares of AYE stock on 11/20/2009 at the average price of 22.09, the price of the stock has decreased by 5.16% since.

GameStop Corp. (GME, Financial) Reached the 52-Week Low of $19.77

The prices of GameStop Corp. (GME) shares have declined to close to the 52-week low of $19.77, which is 39.4% off the 52-week high of $32.42. GameStop Corp. is owned by 5 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 3 reduced their positions.

GameStop Corp. is a video game and entertainment software retailer. The company has a market cap of $3.26 billion; its shares were traded at around $19.77 with a P/E ratio of 8.6 and P/S ratio of 0.4. Gamestop Corp. had an annual average earning growth of 11.2% over the past 5 years.

Gamestop recently reported its third quarter results. The company announced that its total company sales in the quarter were $1.83 billion, an 8.2% increase as compared to sales of $1.70 billion in the prior year quarter. New software sales grew 9.4%, advancing our new video game market share by 150 basis points over last year. Used product sales increased 19.4%, on top of the 19.3% increase in the third quarter of 2008. Comparable store sales decreased 7.8%, attributable primarily to a decline in new video game hardware sales.

Richard Snow bought 106,200 shares in the quarter that ended on 09/30/2009, which is 0.11% of the $2.47 billion portfolio of Snow Capital Management, L.P.. Kenneth Fisher owns 607,285 shares as of 09/30/2009, which accounts for 0.05% of the $29.78 billion portfolio of Fisher Asset Management, LLC.

Sell:: Director Jerome L Davis sold 15,000 shares of GME stock on 11/24/2009 at the average price of 25.62, the price of the stock has decreased by 22.83% since. Other insiders have also decreased their positions in the company.

Fidelity National Financial Inc. (FNF, Financial) Reached the 52-Week Low of $12.9

The prices of Fidelity National Financial Inc. (FNF) shares have declined to close to the 52-week low of $12.9, which is 45.5% off the 52-week high of $22.83. Fidelity National Financial Inc. is owned by 9 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 6 reduced their positions.

Fidelity recently reported its third quarter results. The company reported that its revenue was 32 cents per share. "While revenue growth remains challenging in the current economic environment, we continue to drive strong margin expansion, double-digit growth in earnings per share and excellent free cash flow. We are confident in our ability to drive solid organic top line growth and realize strong operating leverage when the banking industry recovers," stated William P. Foley, II, executive chairman. "With the successful completion of the Metavante acquisition, FIS will be even better positioned to compete on a global basis and deliver strong financial performance."

Fidelity National Title Group, Inc. is a provider of title insurance, specialty insurance and claims management services. FNT has a market cap of $2.97 billion; its shares were traded at around $12.9 with a P/E ratio of 18.4 and P/S ratio of 0.7. The dividend yield of Fidelity National Financial Inc. stocks is 4.6%.

Charles Brandes, Richard Pzena, and Tom Gayner also own the company.

Buy:: Director Richard N Massey bought 50,000 shares of FNF stock on 08/27/2009 at the average price of 15.14, the price of the stock has decreased by 14.8% since.

MetroPCS Communications Inc. (PCS, Financial) Reached the 52-Week Low of $5.63

The prices of MetroPCS Communications Inc. (PCS) shares have declined to close to the 52-week low of $5.63, which is 70.5% off the 52-week high of $18.75. MetroPCS Communications Inc. is owned by 6 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 4 reduced their positions. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $1.98 billion; its shares were traded at around $5.63 with a P/E ratio of 11.1 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.

Richard Perry, George Soros, and Michael Price also own the company.

SunPower Corp. (SPWRA) Reached the 52-Week Low of $20.39

The prices of SunPower Corp. (SPWRA) shares have declined to close to the 52-week low of $20.39, which is 44.2% off the 52-week high of $35.94. SunPower Corp. is owned by 3 Gurus we are tracking. Among them, 1 have added to their positions during the past quarter. 1 reduced their positions. SunPower Corp. designs and manufactures high-efficiency silicon solar cells and solar panels based on an all-back contact cell design. SunPower's solar cells and panels generate electricity from sunlight for residential, commercial and remote power applications. Its proprietary all back contact silicon solar cell technology produces more power per square foot compared to conventional solar cells. Sunpower Corp. has a market cap of $1.98 billion; its shares were traded at around $20.39 with a P/E ratio of 22.9 and P/S ratio of 1.4.

Sunpower recently reported its third quarter results. Revenue for the 2009 third quarter was $466 million which compares to $298 million in the second quarter of 2009 and $378 million in the third quarter of 2008. The company's Components and Systems segments accounted for 64% and 36% of third-quarter 2009 revenue, respectively. "Our third-quarter results demonstrate the value of our diversified market and vertical integration strategy as we benefitted from our growing dealer channel and successfully executed on our large scale project commitments," said Tom Werner, SunPower's CEO. "We further expanded our dealer partner network into countries such as France, Korea and Canada, and added new partners to our existing markets. As we build our utility and power plant business around the world, our superior technology performance and rapid deployment capability continues to make SunPower a preferred partner with customers and financiers.

Richard Aster Jr bought 356,400 shares in the quarter that ended on 09/30/2009, which is 0.47% of the $2.26 billion portfolio of Meridian Fund. John Hussman owns 1,500,000 shares as of 09/30/2009, which accounts for 0.84% of the $5.36 billion portfolio of Hussman Economtrics Advisors, Inc..

Sell:: CEO Thomas H Werner sold 25,000 shares of SPWRA stock on 10/23/2009 at the average price of 28.73, the price of the stock has decreased by 29.03% since. Other insiders have also decreased their positions in the company.

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