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Weekly Guru Bargains Highlights: Monsanto Company, Collective Brands, Nokia Corp, Brocade Communications Systems, FreeportMcMoRan Copper & Gold Inc.

July 03, 2010 | About:
Last week's top five guru bargain stocks were Monsanto Company, COLLECTIVE BRANDS, Nokia Corp, BROCADE COMMUNICATIONS SYSTEMS, INC, and FreeportMcMoRan Copper & Gold Inc. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

Monsanto Company (MON): Down 39% Since Manning & Napier Advisors, Inc Bought In the Quarter Ended on 2010-03-31

Manning & Napier Advisors, Inc added to his holdings in Biotechnology company Monsanto Company by 27.74% during the quarter ended 03/31/2010. The firm owned 4,779,646 shares of as of 03/31/2010. Monsanto is a global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets. Monsanto Company has a market cap of $25.39 billion; its shares were traded at around $46.54 with a P/E ratio of 15.7 and P/S ratio of 2.1. The dividend yield of Monsanto Company stocks is 2.3%. Monsanto Company had an annual average earning growth of 18.2% over the past 10 years.

Monsanto Company recently reported its second quarter 2010 results. The company announced that its total net sales for the quarter was $3.9 billion, down slightly compared to results during the second quarter of 2009. The company reported gross profit of $2.1 billion.

Brian Rogers bought 100,000 shares in the quarter that ended on 03/31/2010, which is 0.04% of the $17.46 billion portfolio of T Rowe Price Equity Income Fund. Wallace Weitz owns 163,900 shares as of 03/31/2010, an increase of 37.48% from the previous quarter. This position accounts for 0.64% of the $1.84 billion portfolio of Weitz Wallace R & Co. Chris Davis owns 4,551,643 shares as of 03/31/2010, an increase of 12.62% from the previous quarter. This position accounts for 0.51% of the $64.13 billion portfolio of Davis Selected Advisers.

Buy: Director Charles S Mcmillan bought 2,000 shares of MON stock on 04/14/2010 at the average price of 67.26. Charles S Mcmillan owns at least 50,156 shares after this. The price of the stock has decreased by 30.81% since. Other insiders have decreased their positions in the company.

COLLECTIVE BRANDS (PSS): Down 25% Since Steven Cohen Bought In the Quarter Ended on 2010-03-31

Steven Cohen added to his holdings in Apparel Retailers company COLLECTIVE BRANDS by 889.15% during the quarter ended 03/31/2010. He owned 159,639 shares of as of 03/31/2010. PSS is the largest specialty family footwear retailer in the Western Hemisphere, dedicated to democratizing fashion and design in footwear and accessories and inspiring fun, fashion possibilities for the family at a great value. Collective Brands has a market cap of $1.05 billion; its shares were traded at around $16.25 with a P/E ratio of 10.5 and P/S ratio of 0.3.

Collective Brands recently reported financial results for its 2010 first quarter ended May 1, 2010. First quarter 2010 net earnings were $54.2 million, or $0.83 per diluted share, compared to $38.0 million, or $0.59 per diluted share, in the first quarter of 2009.

Kenneth Fisher bought 158,557 shares in the quarter that ended on 03/31/2010, which is 0.01% of the $33.01 billion portfolio of Fisher Asset Management, LLC. Robert Olstein owns 430,000 shares as of 03/31/2010, an increase of 42.38% from the previous quarter. This position accounts for 1.73% of the $564 million portfolio of Olstein Financial Alert Fund. PRIMECAP Management owns 7,020,480 shares as of 03/31/2010, which accounts for 0.25% of the $63.66 billion portfolio of PRIMECAP Management. George Soros owns 27,400 shares as of 03/31/2010, a decrease of 33.98% of from the previous quarter. This position accounts for 0.01% of the $6.73 billion portfolio of Soros Fund Management LLC.

Sell: Chairman, CEO and President Matthew E Rubel sold 230,300 shares of PSS stock on 04/27/2010 at the average price of 26.22. Matthew E Rubel owns at least 339,675 shares after this. The price of the stock has decreased by 38.02% since.

Nokia Corp. (NOK): Down 39% Since Richard Snow Bought In the Quarter Ended on 2010-03-31

Richard Snow added to his holdings in Telecommunications Equipment company Nokia Corp. by 924.82% during the quarter ended 03/31/2010. He owned 3,604,845 shares of as of 03/31/2010. Nokia is the world leader in mobile communications. Nokia Corp. has a market cap of $31.57 billion; its shares were traded at around $8.43 with a P/E ratio of 8.3 and P/S ratio of 0.5. The dividend yield of Nokia Corp. stocks is 4.1%. Nokia Corp. had an annual average earning growth of 5.3% over the past 10 years.

NOK recently reported its first quarter 2010 results. The company announced net sales of EUR 9.5 billion. OLLI-PEKKA KALLASVUO, NOKIA CEO says "In Q1, Nokia delivered both year-on-year net sales and operating profit growth. We continue to face tough competition with respect to the high end of our mobile device portfolio, as well as challenging market conditions on the infrastructure side.”

George Soros bought 1,087,636 shares in the quarter that ended on 03/31/2010, which is 0.25% of the $6.73 billion portfolio of Soros Fund Management LLC. Richard Snow owns 3,604,845 shares as of 03/31/2010, an increase of 924.82% from the previous quarter. This position accounts for 2.09% of the $2.67 billion portfolio of Snow Capital Management, L.P.. Chris Davis sold out his holdings in the quarter that ended on 03/31/2010. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 03/31/2010. David Williams sold out his holdings in the quarter that ended on 03/31/2010.

BROCADE COMMUNICATIONS SYSTEMS, INC. (BRCD): Down 25% Since Kenneth Fisher Bought In the Quarter Ended on 2010-03-31

Kenneth Fisher added to his holdings in Telecommunications Equipment company BROCADE COMMUNICATIONS SYSTEMS, INC. by 35.33% during the quarter ended 03/31/2010. He owned 7,733,129 shares of as of 03/31/2010. Brocade Communications Systems, Inc. delivers industry-platforms, solutions, and services for intelligently connecting, managing, and optimizing IT resources in shared storage environments. Brocade Communications Systems, Inc. has a market cap of $2.21 billion; its shares were traded at around $4.97 with a P/E ratio of 14.1 and P/S ratio of 1.2. Brocade Communications Systems, Inc. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated Brocade Communications Systems, Inc. the business predictability rank of 2-star.

Brocade recently reported record results for the first quarter of 2010. The company’s quarterly revenues increased 25 percent year-over-year to $539.5 million. “Brocade’s Q1 performance exceeded consensus non-GAAP EPS expectations for the 18th consecutive quarter thanks to the balance and diversity of our business model, our highly variable cost structure and our ability to execute,” said Michael Klayko, CEO of Brocade.

Daniel Loeb bought 4,000,000 shares in the quarter that ended on 03/31/2010, which is 1.63% of the $1.41 billion portfolio of Third Point, LLC. NWQ Managers owns 7,759,494 shares as of 03/31/2010, an increase of 101.8% from the previous quarter. PRIMECAP Management owns 2,288,000 shares as of 03/31/2010, which accounts for 0.02% of the $63.66 billion portfolio of PRIMECAP Management. Andreas Halvorsen sold out his holdings in the quarter that ended on 03/31/2010. Lee Ainslie sold out his holdings in the quarter that ended on 03/31/2010. Richard Perry sold out his holdings in the quarter that ended on 03/31/2010.

Buy: CEO Michael Klayko bought 20,000 shares of BRCD stock on 06/04/2010 at the average price of 5.38. Michael Klayko owns at least 744,441 shares after this. The price of the stock has decreased by 7.62% since. There are mixed trades from other insiders.

FreeportMcMoRan Copper & Gold Inc. (FCX): Down 25% Since Jeremy Grantham Bought In the Quarter Ended on 2010-03-31

Jeremy Grantham added to his holdings in Nonferrous Metals company FreeportMcMoRan Copper & Gold Inc. by 48.36% during the quarter ended 03/31/2010. He owned 741,500 shares of as of 03/31/2010. 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. Freeportmcmoran Copper & Gold Inc. has a market cap of $25.21 billion; its shares were traded at around $58.54 with a P/E ratio of 7.5 and P/S ratio of 1.7. The dividend yield of Freeportmcmoran Copper & Gold Inc. stocks is 1%.

Freeport-McMoRan Copper & Gold Inc. recently reported results for the first quarter of 2010. Net income attributable to common stock for first-quarter 2010 was $897 million, $2.00 per share, compared with net income of $43 million, $0.11 per share, for first-quarter 2009. Consolidated sales from mines for first-quarter 2010 totaled 960 million pounds of copper, 478 thousand ounces of gold and 17 million pounds of molybdenum, compared with 1.0 billion pounds of copper, 545 thousand ounces of gold and 10 million pounds of molybdenum for first-quarter 2009.

David Dreman bought 3,110 shares in the quarter that ended on 03/31/2010, which is 0.01% of the $4.24 billion portfolio of Dreman Value Management. George Soros owns 14,081 shares as of 03/31/2010, a decrease of 77.1% of from the previous quarter. This position accounts for 0.02% of the $6.73 billion portfolio of Soros Fund Management LLC. Jean-Marie Eveillard sold out his holdings in the quarter that ended on 03/31/2010.

Buy: Director J Bennett Johnston bought 12,000 shares of FCX stock on 04/26/2010 at the average price of 80.9. J Bennett Johnston owns at least 87,647 shares after this. The price of the stock has decreased by 27.64% since.

About the author:

guruyt
Taipan Publishing Group: Taipan Publishing Group offers investors a diverse selection of financial research services to help boost short- and long-term gains from today's global market boom. Our international team of financial investment experts expose top stock, emerging and frontier market opportunities before other investors can capitalize. Visit: www.taipanpublishinggroup.com

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