There are a lot of bargains on the market these days, that is... if you still have cash. Warren Buffett is moving into stocks with his personal account now. These are the guru bargain companies for this week: Anadarko Petroleum Corp, Torchmark Corp, Noble Energy Inc, and Carnival Corp.
Anadarko Petroleum Corp. (APC, Financial): Down 56% Since Kenneth Fisher Bought In the Quarter Ended on 06/30/2008
Kenneth Fisher added to his holdings in Anadarko Petroleum Corp. by 5.25% during the quarter ended 06/30/2008 . He owned 10,557,132 shares of as of 06/30/2008 . Anadarko Petroleum Corporation is one of the world's largest independent oil and gas exploration and production companies. The company has a market cap of $15.69 billion; its shares were traded at around $31.52 with a P/E ratio of 14.97 and P/S ratio of 1.35. The dividend yield of Anadarko Petroleum Corp. stocks is 0.87%.
APC has recently received many upgrades. Jefferies & Co recently upgraded the company from a hold to a buy. Stanford Research, Wachovia, and Lehman Brothers have also upgraded the company.
David Tepper bought 1,575,000 shares in the quarter that ended on 06/30/2008 David Williams owns 2,450,000 shares as of 06/30/2008 , which accounts for 1.76% of the $10.41 billion portfolio of Columbia Value and Restructuring Fund.
Carl Icahn owns 14,401,628 shares as of 06/30/2008 , which accounts for22.21%of the $4.85 billion portfolio of Icahn Capital Management LP.
Director John R Jr Butler sold 4,000 shares of APC stock on 06/06/2008 at the average price of $79; the price of the stock has decreased by 60.1% since.
Torchmark Corp. (TMK, Financial): Down 37% Since Chris Davis Bought In the Quarter Ended on 06/30/2008
Chris Davis initiated holdings in Insurance company Torchmark Corp. during the quarter ended 06/30/2008 . He owned 7,900 shares of as of 06/30/2008 . Torchmark Corporation is a financial services holding company specializing in life and supplemental health insurance. The company has a market cap of $2.93 billion with a P/E ratio of 6.02 and P/S ratio of 0.99. The dividend yield of Torchmark Corp. stocks is 1.08%.
Torchmark Corp recently announced that it expects 3 rd quarter 2008 results to be about 50% lower than they would be a year ago because of the companies financial problems. The company also said that it would have a writedown of about $70 million.
Chris Davis bought 7,900 shares in the quarter that ended on 06/30/2008 . Dodge & Cox owns 11,750 shares as of 06/30/2008 . Tweedy Browne owns 1,018,710 shares as of 06/30/2008 . Richard Pzena owns 7,063,404 shares as of 06/30/2008 .
Legendary investor Warren Buffett's company Berkshire Hathaway owns 2,823,879 shares as of 06/30/2008 , which accounts for 0.29% of the $57.88 billion portfolio of Berkshire Hathaway.
CEO, Director Mark S Mcandrew sold 32,000 shares of TMK stock on 09/24/2008 at the average price of $60; the price of the stock has decreased by 34.75% since.
Noble Energy Inc. (NBL, Financial): Down 53% Since David Tepper Bought In the Quarter Ended on 06/30/2008
David Tepper initiated holdings in Exploration & Production company Noble Energy Inc. during the quarter ended 06/30/2008 . He owned 175,000 shares of as of 06/30/2008 . Noble Energy is one of the nation's leading independent energy companies. It has a market cap of $7.69 billion, a P/E ratio of 13.07 and P/S ratio of 2.01. The dividend yield of Noble Energy Inc. stocks is 1.54%.
David Tepper bought 175,000 shares in the quarter that ended on 06/30/2008 , which is 0.57% of the $3.1 billion portfolio of APPALOOSA MANAGEMENT LP. David Dreman owns 25,900 shares as of 06/30/2008 , an increase of 17.19% from the previous quarter. David Williams owns 2,200,000 shares as of 06/30/2008 . PRIMECAP Management owns 7,831,922 shares as of 06/30/2008 . NWQ Managers owns 11,224,989 shares as of 06/30/2008 .
Sr. VP & CFO Chris Tong sold 300 shares of NBL stock on 07/02/2008 at the average price of $104.5; the price of the stock has decreased by 58.38% since.
Carnival Corp. (CCL, Financial): Down 24% Since Arnold Schneider Bought In the Quarter Ended on 06/30/2008
Arnold Schneider added to his holdings in Carnival Corp. by 76.13% during the quarter ended 06/30/2008 . He owned 913,900 shares of as of 06/30/2008 .
Carnival Corporation is one of the world's largest multiple-night cruise companies. The company has a market cap of $23.26 billion; its shares were traded at around $29.32 with a P/E ratio of 10.32 and P/S ratio of 1.59. The dividend yield of Carnival Corp. stocks is 4.89%.
Carnival was recently downgraded by Deutsche Bank, which said that the company “ …needs to rethink its strategy towards substantial shipbuilding programs. We believe that fuel surcharging has no material impact on offsetting this pain. With rising shipbuilding costs exacerbating this issue, we believe that Carnival needs to shift to a returns-driven philosophy, where the group raises cruise prices and reduces commissions,"
David Dreman bought 2,863,894 shares in the quarter that ended on 06/30/2008 . Arnold Schneider owns 913,900 shares as of 06/30/2008 , an increase of 76.13% from the previous quarter. John Rogers owns 3,663,999 shares as of 06/30/2008 , an increase of 10.35% from the previous quarter.
Sr. Vice President-Finance,CFO David Bernstein sold 2,000 shares of CCL stock on 05/02/2008 at the average price of $42.05; the price of the stock has decreased by 30.27% since.
Anadarko Petroleum Corp. (APC, Financial): Down 56% Since Kenneth Fisher Bought In the Quarter Ended on 06/30/2008
Kenneth Fisher added to his holdings in Anadarko Petroleum Corp. by 5.25% during the quarter ended 06/30/2008 . He owned 10,557,132 shares of as of 06/30/2008 . Anadarko Petroleum Corporation is one of the world's largest independent oil and gas exploration and production companies. The company has a market cap of $15.69 billion; its shares were traded at around $31.52 with a P/E ratio of 14.97 and P/S ratio of 1.35. The dividend yield of Anadarko Petroleum Corp. stocks is 0.87%.
APC has recently received many upgrades. Jefferies & Co recently upgraded the company from a hold to a buy. Stanford Research, Wachovia, and Lehman Brothers have also upgraded the company.
David Tepper bought 1,575,000 shares in the quarter that ended on 06/30/2008 David Williams owns 2,450,000 shares as of 06/30/2008 , which accounts for 1.76% of the $10.41 billion portfolio of Columbia Value and Restructuring Fund.
Carl Icahn owns 14,401,628 shares as of 06/30/2008 , which accounts for22.21%of the $4.85 billion portfolio of Icahn Capital Management LP.
Director John R Jr Butler sold 4,000 shares of APC stock on 06/06/2008 at the average price of $79; the price of the stock has decreased by 60.1% since.
Torchmark Corp. (TMK, Financial): Down 37% Since Chris Davis Bought In the Quarter Ended on 06/30/2008
Chris Davis initiated holdings in Insurance company Torchmark Corp. during the quarter ended 06/30/2008 . He owned 7,900 shares of as of 06/30/2008 . Torchmark Corporation is a financial services holding company specializing in life and supplemental health insurance. The company has a market cap of $2.93 billion with a P/E ratio of 6.02 and P/S ratio of 0.99. The dividend yield of Torchmark Corp. stocks is 1.08%.
Torchmark Corp recently announced that it expects 3 rd quarter 2008 results to be about 50% lower than they would be a year ago because of the companies financial problems. The company also said that it would have a writedown of about $70 million.
Chris Davis bought 7,900 shares in the quarter that ended on 06/30/2008 . Dodge & Cox owns 11,750 shares as of 06/30/2008 . Tweedy Browne owns 1,018,710 shares as of 06/30/2008 . Richard Pzena owns 7,063,404 shares as of 06/30/2008 .
Legendary investor Warren Buffett's company Berkshire Hathaway owns 2,823,879 shares as of 06/30/2008 , which accounts for 0.29% of the $57.88 billion portfolio of Berkshire Hathaway.
CEO, Director Mark S Mcandrew sold 32,000 shares of TMK stock on 09/24/2008 at the average price of $60; the price of the stock has decreased by 34.75% since.
Noble Energy Inc. (NBL, Financial): Down 53% Since David Tepper Bought In the Quarter Ended on 06/30/2008
David Tepper initiated holdings in Exploration & Production company Noble Energy Inc. during the quarter ended 06/30/2008 . He owned 175,000 shares of as of 06/30/2008 . Noble Energy is one of the nation's leading independent energy companies. It has a market cap of $7.69 billion, a P/E ratio of 13.07 and P/S ratio of 2.01. The dividend yield of Noble Energy Inc. stocks is 1.54%.
David Tepper bought 175,000 shares in the quarter that ended on 06/30/2008 , which is 0.57% of the $3.1 billion portfolio of APPALOOSA MANAGEMENT LP. David Dreman owns 25,900 shares as of 06/30/2008 , an increase of 17.19% from the previous quarter. David Williams owns 2,200,000 shares as of 06/30/2008 . PRIMECAP Management owns 7,831,922 shares as of 06/30/2008 . NWQ Managers owns 11,224,989 shares as of 06/30/2008 .
Sr. VP & CFO Chris Tong sold 300 shares of NBL stock on 07/02/2008 at the average price of $104.5; the price of the stock has decreased by 58.38% since.
Carnival Corp. (CCL, Financial): Down 24% Since Arnold Schneider Bought In the Quarter Ended on 06/30/2008
Arnold Schneider added to his holdings in Carnival Corp. by 76.13% during the quarter ended 06/30/2008 . He owned 913,900 shares of as of 06/30/2008 .
Carnival Corporation is one of the world's largest multiple-night cruise companies. The company has a market cap of $23.26 billion; its shares were traded at around $29.32 with a P/E ratio of 10.32 and P/S ratio of 1.59. The dividend yield of Carnival Corp. stocks is 4.89%.
Carnival was recently downgraded by Deutsche Bank, which said that the company “ …needs to rethink its strategy towards substantial shipbuilding programs. We believe that fuel surcharging has no material impact on offsetting this pain. With rising shipbuilding costs exacerbating this issue, we believe that Carnival needs to shift to a returns-driven philosophy, where the group raises cruise prices and reduces commissions,"
David Dreman bought 2,863,894 shares in the quarter that ended on 06/30/2008 . Arnold Schneider owns 913,900 shares as of 06/30/2008 , an increase of 76.13% from the previous quarter. John Rogers owns 3,663,999 shares as of 06/30/2008 , an increase of 10.35% from the previous quarter.
Sr. Vice President-Finance,CFO David Bernstein sold 2,000 shares of CCL stock on 05/02/2008 at the average price of $42.05; the price of the stock has decreased by 30.27% since.
