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Weekly Guru Bargains Highlights: National Bank of Greece S.A, Office Depot Inc, Charles Schwab Corp, Adobe Systems Inc, Terra Nitrogen Company

July 11, 2010 | About:
guruyt

guruyt

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Last week's top five guru bargain stocks were National Bank of Greece S.A, Office Depot Inc, Charles Schwab Corp, Adobe Systems Inc, Terra Nitrogen Company L.P. Depositary R. According to GuruFocus updates, these stocks have declined the most since Gurus have bought.

National Bank of Greece S.A. (NBG): Down 43% Since Jim Simons Bought In the Quarter Ended on 2010-03-31

Jim Simons added to his holdings in Banks company National Bank of Greece S.A. by 474.52% during the quarter ended 03/31/2010. He owned 4,295,576 shares of as of 03/31/2010. NATL BK GR-ADR provides a full range of financial products and services to corporate customers and private individuals alike, including retail and corporate lending, investment banking services, insurance, asset management, brokerage, leasing and factoring. National Bank Of Greece S.a. has a market cap of $7.62 billion; its shares were traded at around $2.51 with a P/E ratio of 8.5 and P/S ratio of 0.6.

NBG recently reported its first quarter 2010 results. The company announced that its net profit for first quarter 2010 was €21 million.

Jean-Marie Eveillard bought 13,740 shares in the quarter that ended on 03/31/2010, which is less than 0.01% of the $12.96 billion portfolio of First Eagle Investment Management, LLC. David Dreman bought 13,948 shares in the quarter that ended on 03/31/2010, which is less than 0.01% of the $4.24 billion portfolio of Dreman Value Management.

Office Depot Inc. (ODP): Down 38% Since Jim Simons Bought In the Quarter Ended on 2010-03-31

Jim Simons added to his holdings in Specialty Retailers company Office Depot Inc. by 661.54% during the quarter ended 03/31/2010. He owned 1,237,500 shares of as of 03/31/2010. Office Depot, Inc., together with its subsidiaries, is the one of the largest suppliers of office products and services in the world. Office Depot Inc. has a market cap of $1.17 billion; its shares were traded at around $4.25 with and P/S ratio of 0.1.

Office Depot recently reported its first quarter 2010 results. The Company reported earnings, after preferred stock dividends, of $20 million in the first quarter of 2010, compared to a loss of $55 million in the first quarter of 2009. Earnings per share were $0.07 for the quarter, versus a loss per share of $0.20 in the same period one year ago. In the first quarter of 2009, after-tax restructuring related Charges negatively impacted earnings per share by $0.30.

Lee Ainslie bought 15,190,737 shares in the quarter that ended on 03/31/2010, which is 1.3% of the $9.35 billion portfolio of Maverick Capital. Richard Snow owns 586,400 shares as of 03/31/2010, which accounts for 0.17% of the $2.67 billion portfolio of Snow Capital Management, L.P.. David Tepper owns 198,126 shares as of 03/31/2010, a decrease of 81.06% of from the previous quarter. This position accounts for 0.05% of the $3.26 billion portfolio of APPALOOSA MANAGEMENT LP. George Soros sold out his holdings in the quarter that ended on 03/31/2010.

Sell: Pres-N Amer Business Solutions Steven Mark Schmidt sold 99,999 shares of ODP stock on 04/26/2010 at the average price of 8.95. Steven Mark Schmidt owns at least 149,924 shares after this. The price of the stock has decreased by 52.51% since. Other insiders have also decreased their positions in the company.

Charles Schwab Corp. (SCHW): Down 23% Since Tom Gayner Bought In the Quarter Ended on 2010-03-31

Tom Gayner added to his holdings in Investment Services company Charles Schwab Corp. by 16.01% during the quarter ended 03/31/2010. He owned 615,900 shares of as of 03/31/2010. Charles Schwab Corp. provides a full-service investing experience to customers through a clicks and mortar multi-dimensional, five channel offering of the Internet, branch offices, speech recognition, touch-tone telephone, e-mail and wireless technologies, multilingual and international services, and direct access to professionals day or night. Charles Schwab Corp. has a market cap of $17 billion; its shares were traded at around $14.24 with a P/E ratio of 24.2 and P/S ratio of 4. The dividend yield of Charles Schwab Corp. stocks is 1.7%. Charles Schwab Corp. had an annual average earning growth of 11.2% over the past 10 years.

SCHW recently reported its first quarter 2010 results. Net revenues were $978 million, down 12% compared to results a year ago. Net income was $119 million, down 45% from a year ago.

Dodge & Cox bought 18,829,000 shares in the quarter that ended on 03/31/2010, which is 0.42% of the $84.7 billion portfolio of Dodge & Cox. Tom Gayner owns 615,900 shares as of 03/31/2010, an increase of 16.01% from the previous quarter. This position accounts for 0.71% of the $1.62 billion portfolio of Markel Gayner Asset Management Corp. Kenneth Fisher owns 11,339 shares as of 03/31/2010, a decrease of 46.53% of from the previous quarter. This position accounts for less than 0.01% of the $33.01 billion portfolio of Fisher Asset Management, LLC. John Griffin sold out his holdings in the quarter that ended on 03/31/2010.

Adobe Systems Inc. (ADBE): Down 22% Since Paul Tudor Jones Bought In the Quarter Ended on 2010-03-31

Paul Tudor Jones added to his holdings in Software company Adobe Systems Inc. by 76.88% during the quarter ended 03/31/2010. He owned 35,200 shares of as of 03/31/2010. Adobe Systems Incorporated is a provider of graphic design, publishing, and imaging software for Web and print production. Adobe Systems Inc. has a market cap of $14.32 billion; its shares were traded at around $27.2 with a P/E ratio of 22.1 and P/S ratio of 4.9. Adobe Systems Inc. had an annual average earning growth of 10.2% over the past 10 years. GuruFocus rated Adobe Systems Inc. the business predictability rank of 4-star.

Adobe recently reported its results for second quarter fiscal year 2010. The company achieved record revenue of $943.0 million, compared to $704.7 million reported for the second quarter of fiscal 2009 and $858.7 million reported in the first quarter of fiscal 2010. This represents 34 percent year-over-year revenue growth. Adobe’s second quarter revenue target range was $875 to $925 million.

PRIMECAP Management owns 34,351,778 shares as of 03/31/2010, which accounts for 1.91% of the $63.66 billion portfolio of PRIMECAP Management. Dodge & Cox owns 33,000 shares as of 03/31/2010, a decrease of 62.59% of from the previous quarter. This position accounts for less than 0.01% of the $84.7 billion portfolio of Dodge & Cox. Richard Aster Jr owns 263,200 shares as of 03/31/2010, a decrease of 80.32% of from the previous quarter. This position accounts for 0.38% of the $2.43 billion portfolio of Meridian Fund. John Hussman sold out his holdings in the quarter that ended on 03/31/2010. George Soros sold out his holdings in the quarter that ended on 03/31/2010.

Sell: Director Carol Mills sold 75,000 shares of ADBE stock on 04/26/2010 at the average price of 36.16. Carol Mills owns at least 10,315 shares after this. The price of the stock has decreased by 24.78% since. Other insiders have also decreased their positions in the company.

Terra Nitrogen Company L.P. Depositary R (TNH): Down 27% Since Jim Simons Bought In the Quarter Ended on 2010-03-31

Jim Simons added to his holdings in Specialty Chemicals company Terra Nitrogen Company L.P. Depositary R by 35.13% during the quarter ended 03/31/2010. He owned 137,700 shares of as of 03/31/2010. Terra Nitrogen is a producer and marketer of nitrogen fertilizer and methanol in North America and of nitrogen in the United Kingdom for agricultural and industrial customers. Terra Nitrogen Company L.p. Depositary R has a market cap of $1.33 billion; its shares were traded at around $71.96 with a P/E ratio of 12.6 and P/S ratio of 2.6. The dividend yield of Terra Nitrogen Company L.p. Depositary R stocks is 7%. Terra Nitrogen Company L.p. Depositary R had an annual average earning growth of 76.3% over the past 5 years.


Rating: 3.6/5 (8 votes)

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