Guru Stocks at 52-Week Low: Comcast Corp, Staples Inc, Bed Bath & Beyond Inc, Avery Dennison Corp, NCR Corp.

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Nov 26, 2007
The market has been through corrections and a lot of financial and retail stocks are at new lows. This is the highlight of some 52-week low Guru stocks: Comcast Corp, Staples Inc, Bed Bath & Beyond Inc, Avery Dennison Corp, and NCR Corp.


Banks, retailers continue to be among the selloffs. 77 stocks in the Banking Industry have reached their 52-week low, while 5 have reached their 52-week high, giving the Banking Industry a Low/High ratio of 15.4. 31 stocks in the Technology Hardware and Equipment Industries have reached their 52-week low, while 5 have reached their 52-week high, giving the Technology Hardware and Equipment Industry a Low/High ratio of 6.2.


Comcast Corp. (CMCSA, Financial) Reached the 52-Week Low of $19.54


The prices of Comcast Corp. (CMCSA) shares have declined to close to 52-week low of $19.54, which is 37.6% off the 52-week high of $30.18. Comcast Corp. is owned by 10 Gurus we are tracking. Among them, 4 have added to their positions during the past quarter. 3 reduced their positions.


Comcast Corporation, together with its subsidiaries, operates as a cable operator in the United States. It offers various consumer entertainment and communication products and services. Comcast Corp. has a market cap of $60.05 billion; its shares were traded at around $19.19 with P/E ratio of 25.92 and P/S ratio of 1.97.


A Comcast internet customer has sued Comcast because the company “intentionally and severely impede the use of certain Internet applications by their customers, slowing such applications to a mere crawl or stopping them altogether," the lawsuit reads. "This class action seeks to end [Comcast's] practice and seeks recovery of fees paid by customers who paid for services they did not receive."


Gurus' Positions with CMCSA


Comcast Corp. is owned by 10 Gurus.


1 Guru Increased Positions in CMCSA: Irving Kahn owns 153,388 shares as of 09/30/2007, an increase of 30.33% from the previous quarter. This position accounts for 0.61% of the $611 million portfolio of Kahn Brothers & Company Inc..


8 Gurus Kept Positions in CMCSA Unchanged or Slightly Adjusted. Among them Dodge & Cox owns 161,961,685 shares as of 09/30/2007, which accounts for 2.86% of the $136.79 billion portfolio of Dodge & Cox. Wallace Weitz owns 4,982,500 shares as of 09/30/2007, which accounts for 2.41% of the $5 billion portfolio of Weitz Wallace R & Co. Glenn Greenberg owns 1,817,752 shares as of 09/30/2007, which accounts for 1.17% of the $3.75 billion portfolio of Chieftain Capital Management Inc.


Glenn Greenberg and Warren Buffett also own Comcast Corp. Special (CMCSK, Financial), which is also widely owned among the gurus. Glenn Greenberg owns 59,012,461 shares as of 09/30/2007, which accounts for 37.75% of his portfolio. Warren Buffett owns 12,000,000 shares as of 09/30/2007, which accounts for 0.44% of his portfolio. Billionaire investor Michael Price increased his holdings by 66%.


1 Guru Reduced Positions in CMCSA: Jean-Marie Eveillard owns 640,610 shares as of 09/30/2007, a decrease of 87.01% of from the previous quarter. This position accounts for 0.12% of the $13.02 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.


Insiders' Positions with CMCSA: EVP and Co-CFO Michael J Angelakis bought 37,900 shares of CMCSA stock on 06/08/2007 at the average price of $26.35, the price of the stock has decreased by 27.17% since. Two directors bought Comcast stocks during the past weeks at around the current prices.


Staples Inc. (SPLS, Financial) Reached the 52-Week Low of $20.56


The prices of Staples Inc. (SPLS) shares have declined to close to 52-week low of $20.56, which is 29.3% off the 52-week high of $28. Staples Inc. is owned by 3 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 1 sold out his positions.


Staples, Inc., together with its subsidiaries, operates office products superstores worldwide. It offers business machines, computers and related products, and office furniture. Staples Inc. has a market cap of $14.68 billion; its shares were traded at around $20.08 with P/E ratio of 14.82 and P/S ratio of 0.76. The dividend yield of Staples Inc. stocks is 1.4%.


Staples total revenue and gross profit are both dropping from the last quarter. Its net income has decreased 14.5% from the last quarter, from $209.1 million to $178.8 million. Last quarter’s 3 rd quarter revenue is 4.3 billion, and its gross profit was 1.2 billion.


Gurus' Positions with SPLS


Staples Inc. is owned by 3 Gurus.


2 Gurus Increased Positions in SPLS:


David Dreman owns 13,895,206 shares as of 09/30/2007, an increase of 122.43% from the previous quarter. This position accounts for 1.76% of the $18.4 billion portfolio of Dreman Value Management. Kenneth Fisher owns 888,988 shares as of 09/30/2007, an increase of 23.41% from the previous quarter. This position accounts for 0.05% of the $37.1 billion portfolio of Fisher Asset Management, LLC.


Arnold Schneider owns 271,450 shares as of 09/30/2007, which accounts for 0.15% of the $3.92 billion portfolio of Schneider Capital Management. Bill Ackman sold out his holdings in the 3 rd quarter of 2007.


Bed Bath & Beyond Inc. (BBBY, Financial) Reached the 52-Week Low of $30.26


The prices of Bed Bath & Beyond Inc. (BBBY) shares have declined to close to 52-week low of $30.26, which is 31.5% off the 52-week high of $43.32. Bed Bath & Beyond Inc. is owned by 9 Gurus we are tracking. Among them, 4 have added to their positions during the past quarter. 4 reduced their positions. BBBY’s shares are also traded at close to 5-year lows.


Bed Bath & Beyond, Inc. and its subsidiaries operate a chain of retail stores in the United States. It sells a range of domestic merchandise, such as bed linens and related items, bath items, and kitchen textiles; and home furnishings. Bed Bath & Beyond Inc. has a market cap of $8.11 billion; its shares were traded at around $30.26 with P/E ratio of 14.26 and P/S ratio of 1.16.


Bed, Bath & Beyond Inc.’s revenue and gross profit are all up from the quarter ending 6/2/2007. Its net income is up 40.5%, from 104.6 million to 147 million. Last quarter’s revenue was 1.8 billion, while its gross profit was 732 million.


Gurus' Positions with BBBY


Bed Bath & Beyond Inc. is owned by 9 Gurus.


2 Gurus Initiated Positions in BBBY: George Soros bought 7,179 shares in the quarter ended 09/30/2007, which is 0.01% of the $2.91 billion portfolio of Soros Fund Management LLC. Wallace Weitz bought 1,715 shares in the quarter ended 09/30/2007, which is less than 0.01% of the $5 billion portfolio of Weitz Wallace R & Co.


1 Guru Increased Positions in BBBY: Brian Rogers owns 5,000,000 shares as of 09/30/2007, an increase of 17.65% from the previous quarter. This position accounts for 0.69% of the $23.8 billion portfolio of T Rowe Price Equity Income Fund.


4 Gurus Kept Positions in BBBY Unchanged or Slightly Adjusted. Among them Ruane Cunniff owns 17,530,851 shares as of 09/30/2007, which accounts for 4.63% of the $12.92 billion portfolio of Ruane & Cunniff & Goldfarb Inc. Chris Davis owns 16,022,312 shares as of 09/30/2007, which accounts for 0.59% of the $92 billion portfolio of Davis Selected Advisers.


2 Gurus Reduced Positions in BBBY. Richard Aster Jr. owns 585,000 shares as of 09/30/2007, a decrease of 45.74% of from the previous quarter. This position accounts for 0.54% of the $3.7 billion portfolio of Meridian Fund.


Tom Gayner sold out his holdings in the 3 rd quarter of 2007.


Avery Dennison Corp. (AVY, Financial) Reached the 52-Week Low of $50.5


The prices of Avery Dennison Corp. (AVY) shares have declined to close to 52-week low of $50.5, which is 30.3% off the 52-week high of $71.35. Avery Dennison Corp. is owned by 4 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 1 reduced his position.


Avery Dennison Corporation produces pressure-sensitive materials, office products, tickets, tags, labels, and other converted products. It operates in three segments: Pressure-Sensitive Materials (PSM), Office and Consumer Products (OC), and more. Avery Dennison Corp. has a market cap of $5.38 billion; its shares were traded at around $50.5 with P/E ratio of 14.32 and P/S ratio of 0.88. The dividend yield of Avery Dennison Corp. stocks is 3.2%.


Avery Dennison Corp’s third-quarter profit fell 31%, hurt by charges related to its acquisition of Paxar and little U.S. retail demand.


Gurus' Positions with AVY


Avery Dennison Corp. is owned by 4 Gurus. Arnold Van Den Berg owns 1,922,565 shares as of 09/30/2007, which accounts for 3.31% of the $3.32 billion portfolio of Century Management. Brian Rogers owns 3,000,000 shares as of 09/30/2007, which accounts for 0.69% of the $23.8 billion portfolio of T Rowe Price Equity Income Fund. Robert Olstein owns 219,500 shares as of 09/30/2007, which accounts for 0.72% of the $1.74 billion portfolio of Olstein Financial Alert Fund.


George Soros sold out his holdings in the 3 rd quarter.


Avery Dennison Corp. CEO SCARBOROUGH DEAN A bought 5000 shares last week. Exec. VP, Finance and CFO Bryant Daniel R O bought 1,350 shares of AVY stock on the same day at the average price of $50.91.


NCR Corp. (NCR, Financial) Reached the 52-Week Low of $22.93


The prices of NCR Corp. (NCR) shares have declined to close to 52-week low of $22.93, which is 60.3% off the 52-week high of $57.5. NCR Corp. is owned by 3 Gurus we are tracking. Among them, 1 have added to their positions during the past quarter. 2 reduced their positions.


NCR Corporation provides technology and services that help businesses to interact, connect, and relate with their customers. It operates in six segments: Teradata Data Warehousing, Financial Self Service, Retail Store Automation, Customer Services, and more. NCR Corp. has a market cap of $4.15 billion; its shares were traded at around $22.93 with P/E ratio of 11.63 and P/S ratio of 0.65.


NCR’s revenue and gross profit are both up from the quarter ending 3/31/2007. Its net income is up 188%, from 34 million to 98 million. Last quarter’s revenue was 1.6 billion, while its gross profit was 499 million.


Gurus' Positions with NCR


NCR Corp. is owned by 3 Gurus. John Keeley owns 62,580 shares as of 09/30/2007, an increase of 16.36% from the previous quarter. This position accounts for 0.03% of the $8.95 billion portfolio of Keeley Fund Management. Kenneth Fisher owns 63,651 shares as of 09/30/2007, which accounts for 0.01% of the $37.1 billion portfolio of Fisher Asset Management, LLC. Dodge & Cox owns 287,468 shares as of 09/30/2007, a decrease of 97.17% of from the previous quarter. This position accounts for 0.01% of the $136.79 billion portfolio of Dodge & Cox.


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