Buy good guru stocks at lower prices is less risky and can be more profitable. Of course you still need to do your own homework. These are the stocks that are in this week’s Guru Bargain list: Morgan Stanley, TempleInland Inc, BristolMyers Squibb Company, VeriFone Holdings Inc, Lear Corp.
Morgan Stanley (MS, Financial): Down 12% Since Robert Olstein Bought In the Quarter Ended on 2008-03-31
Robert Olstein added to his holdings in Wall Street firm Morgan Stanley by 8.08% during the quarter ended 03/31/2008. He owned 722,300 shares of as of 03/31/2008. Morgan Stanley has a market cap of $41.11 billion; its shares were traded at around $39.23 with a P/E ratio of 19.38 and P/S ratio of 1.65. The dividend yield of Morgan Stanley stocks is 2.6%.
Morgan Stanley’s earning estimates have been steadily cut over the past month, as they expect Morgan’s profit to drop more than 50%. However, the company is still expected to report a profit in the second quarter 2007.
Bill Nygren bought 2,900,000 shares in the quarter that ended on 03/31/2008. Jean-Marie Eveillard owns 2,541,088 shares as of 03/31/2008, an increase of 38401.3% from the previous quarter. Richard Pzena owns 9,198,077 shares as of 03/31/2008, an increase of 25.86% from the previous quarter.
Director Roy J. Bostock bought 10,000 shares of MS stock on 04/02/2008 at the average price of $49.03; the price of the stock has decclined by 19.99% since.
TempleInland Inc. (TIN, Financial): Down 20% Since John Keeley Bought In the Quarter Ended on 2008-03-31
John Keeley added to his holdings in TempleInland Inc. by 252.62% during the quarter ended 03/31/2008. He owned 932,390 shares of as of 03/31/2008. Temple-Inland, Inc. manufactures corrugated packaging and building products, primarily in the United States. The company has a market cap of $1.3 billion, a P/E ratio of 1.05 and a P/S ratio of 0.34. The dividend yield of TempleInland Inc. stocks is 2.9%.
Analysts also said that a rising price for wood products should help companies such as TIN and cause better results.
NWQ Managers bought 4,789,325 shares in the quarter that ended on 03/31/2008. George Soros bought 23,364 shares in the quarter that ended on 03/31/2008. John Keeley owns 932,390 shares as of 03/31/2008, an increase of 252.62% from the previous quarter. Carl Icahn owns 3,448,488 shares as of 03/31/2008, which accounts for 0.94% of the $4.64 billion portfolio of Icahn Capital Management LP.
BristolMyers Squibb Company (BMY, Financial): Down 12% Since Bruce Berkowitz Bought In the Quarter Ended on 2008-03-31
Bruce Berkowitz initiated holdings in BristolMyers Squibb Company during the quarter ended 03/31/2008. He owned 8,672,100 shares of as of 03/31/2008. Bristol-Myers Squibb Company (BMY) engages in the sale of pharmaceutical products worldwide. It has a market cap of $39.45 billion with a P/E ratio of 18.51, P/S ratio of 1.97 and a dividend yield of 5.9%.
BMY has recently hit a 6-year-low on news that two of the company’s diabetes products caused unexpected side effects. The company traded as low as $19.97 yesterday and fell 52 cents on the news.
Bruce Berkowitz bought 8,672,100 shares in the quarter that ended on 03/31/2008. HOTCHKIS & WILEY owns 12,917,880 shares as of 03/31/2008, an increase of 113.08% from the previous quarter. Richard Pzena owns 19,895,360 shares as of 03/31/2008, an increase of 13.09% from the previous quarter. Edward Owens owns 15,100,000 shares as of 03/31/2008, which accounts for 1.51% of the $21.31 billion portfolio of Vanguard Health Care Fund. Richard Snow owns 40,000 shares as of 03/31/2008, a decrease of 52.94% of from the previous quarter. Dodge & Cox owns 1,355,450 shares as of 03/31/2008, a decrease of 95.28% of from the previous quarter.
Chairman & CEO, Director James M Cornelius bought 100,000 shares of BMY stock on 05/07/2008 at the average price of $22.83; the price of the stock has decreased by 11.91% since.
VeriFone Holdings Inc. (PAY, Financial): Down 18% Since George Soros Bought In the Quarter Ended on 2008-03-31
George Soros initiated holdings in VeriFone Holdings Inc. during the quarter ended 03/31/2008. He owned 135,000 shares of as of 03/31/2008. VeriFone Holdings, Inc. engages in the service of transaction automation systems. It has a market cap of $1.19 billion; its shares were traded at around $14.26 with a P/E ratio of 36.75 and P/S ratio of 1.49.
PAY said about a month ago that the company’s profit and gross margin dropped. Its growth margin percentages were 32-34%, compared to 46% a year ago. Increased costs have hurt the company.
George Soros bought 135,000 shares in the quarter that ended on 03/31/2008, which accounts for 0.1% of the $2.16 billion portfolio of Soros Fund Management LLC.
Lear Corp. (LEA, Financial): Down 16% Since Michael Price Bought In the Quarter Ended on 2008-03-31
Michael Price initiated holdings in Lear Corp. during the quarter ended 03/31/2008. He owned 231,900 shares of as of 03/31/2008. Lear Corporation engages in the design, manufacture, and sale of automotive systems in the United States. The company has a market cap of $1.68 billion; its shares were traded at around $21.71 with a P/E ratio of 6.30 and P/S ratio of 0.11.
LEA recently dropped its revenue outlook and says that it may also drop its production rate. Automakers were recently down with GM plunging the most–28%. However, the company’s ratings remain the same.
Mohnish Pabrai bought 298,693 shares in the quarter that ended on 03/31/2008. Michael Price bought 231,900 shares in the quarter that ended on 03/31/2008. Carl Icahn owns 9,595,954 shares as of 03/31/2008. Sarah Ketterer owns 59,680 shares as of 03/31/2008. Richard Pzena owns 6,381,395 shares as of 03/31/2008. Charles Brandes owns 1,642,264 shares as of 03/31/2008, a decrease of 22.06% of from the previous quarter.
Chairman, CEO & President, Director Robert E Rossiter sold 20,000 shares of LEA stock on 05/01/2008 at the average price of $29.46.
Morgan Stanley (MS, Financial): Down 12% Since Robert Olstein Bought In the Quarter Ended on 2008-03-31
Robert Olstein added to his holdings in Wall Street firm Morgan Stanley by 8.08% during the quarter ended 03/31/2008. He owned 722,300 shares of as of 03/31/2008. Morgan Stanley has a market cap of $41.11 billion; its shares were traded at around $39.23 with a P/E ratio of 19.38 and P/S ratio of 1.65. The dividend yield of Morgan Stanley stocks is 2.6%.
Morgan Stanley’s earning estimates have been steadily cut over the past month, as they expect Morgan’s profit to drop more than 50%. However, the company is still expected to report a profit in the second quarter 2007.
Bill Nygren bought 2,900,000 shares in the quarter that ended on 03/31/2008. Jean-Marie Eveillard owns 2,541,088 shares as of 03/31/2008, an increase of 38401.3% from the previous quarter. Richard Pzena owns 9,198,077 shares as of 03/31/2008, an increase of 25.86% from the previous quarter.
Director Roy J. Bostock bought 10,000 shares of MS stock on 04/02/2008 at the average price of $49.03; the price of the stock has decclined by 19.99% since.
TempleInland Inc. (TIN, Financial): Down 20% Since John Keeley Bought In the Quarter Ended on 2008-03-31
John Keeley added to his holdings in TempleInland Inc. by 252.62% during the quarter ended 03/31/2008. He owned 932,390 shares of as of 03/31/2008. Temple-Inland, Inc. manufactures corrugated packaging and building products, primarily in the United States. The company has a market cap of $1.3 billion, a P/E ratio of 1.05 and a P/S ratio of 0.34. The dividend yield of TempleInland Inc. stocks is 2.9%.
Analysts also said that a rising price for wood products should help companies such as TIN and cause better results.
NWQ Managers bought 4,789,325 shares in the quarter that ended on 03/31/2008. George Soros bought 23,364 shares in the quarter that ended on 03/31/2008. John Keeley owns 932,390 shares as of 03/31/2008, an increase of 252.62% from the previous quarter. Carl Icahn owns 3,448,488 shares as of 03/31/2008, which accounts for 0.94% of the $4.64 billion portfolio of Icahn Capital Management LP.
BristolMyers Squibb Company (BMY, Financial): Down 12% Since Bruce Berkowitz Bought In the Quarter Ended on 2008-03-31
Bruce Berkowitz initiated holdings in BristolMyers Squibb Company during the quarter ended 03/31/2008. He owned 8,672,100 shares of as of 03/31/2008. Bristol-Myers Squibb Company (BMY) engages in the sale of pharmaceutical products worldwide. It has a market cap of $39.45 billion with a P/E ratio of 18.51, P/S ratio of 1.97 and a dividend yield of 5.9%.
BMY has recently hit a 6-year-low on news that two of the company’s diabetes products caused unexpected side effects. The company traded as low as $19.97 yesterday and fell 52 cents on the news.
Bruce Berkowitz bought 8,672,100 shares in the quarter that ended on 03/31/2008. HOTCHKIS & WILEY owns 12,917,880 shares as of 03/31/2008, an increase of 113.08% from the previous quarter. Richard Pzena owns 19,895,360 shares as of 03/31/2008, an increase of 13.09% from the previous quarter. Edward Owens owns 15,100,000 shares as of 03/31/2008, which accounts for 1.51% of the $21.31 billion portfolio of Vanguard Health Care Fund. Richard Snow owns 40,000 shares as of 03/31/2008, a decrease of 52.94% of from the previous quarter. Dodge & Cox owns 1,355,450 shares as of 03/31/2008, a decrease of 95.28% of from the previous quarter.
Chairman & CEO, Director James M Cornelius bought 100,000 shares of BMY stock on 05/07/2008 at the average price of $22.83; the price of the stock has decreased by 11.91% since.
VeriFone Holdings Inc. (PAY, Financial): Down 18% Since George Soros Bought In the Quarter Ended on 2008-03-31
George Soros initiated holdings in VeriFone Holdings Inc. during the quarter ended 03/31/2008. He owned 135,000 shares of as of 03/31/2008. VeriFone Holdings, Inc. engages in the service of transaction automation systems. It has a market cap of $1.19 billion; its shares were traded at around $14.26 with a P/E ratio of 36.75 and P/S ratio of 1.49.
PAY said about a month ago that the company’s profit and gross margin dropped. Its growth margin percentages were 32-34%, compared to 46% a year ago. Increased costs have hurt the company.
George Soros bought 135,000 shares in the quarter that ended on 03/31/2008, which accounts for 0.1% of the $2.16 billion portfolio of Soros Fund Management LLC.
Lear Corp. (LEA, Financial): Down 16% Since Michael Price Bought In the Quarter Ended on 2008-03-31
Michael Price initiated holdings in Lear Corp. during the quarter ended 03/31/2008. He owned 231,900 shares of as of 03/31/2008. Lear Corporation engages in the design, manufacture, and sale of automotive systems in the United States. The company has a market cap of $1.68 billion; its shares were traded at around $21.71 with a P/E ratio of 6.30 and P/S ratio of 0.11.
LEA recently dropped its revenue outlook and says that it may also drop its production rate. Automakers were recently down with GM plunging the most–28%. However, the company’s ratings remain the same.
Mohnish Pabrai bought 298,693 shares in the quarter that ended on 03/31/2008. Michael Price bought 231,900 shares in the quarter that ended on 03/31/2008. Carl Icahn owns 9,595,954 shares as of 03/31/2008. Sarah Ketterer owns 59,680 shares as of 03/31/2008. Richard Pzena owns 6,381,395 shares as of 03/31/2008. Charles Brandes owns 1,642,264 shares as of 03/31/2008, a decrease of 22.06% of from the previous quarter.
Chairman, CEO & President, Director Robert E Rossiter sold 20,000 shares of LEA stock on 05/01/2008 at the average price of $29.46.