Mariko Gordon (Trades, Portfolio), CFA, founder, CEO and CIO of Daruma Capital Management, has bought 2,824,648 shares of Babcock & Wilcox Enterprises Inc. (BW, Financial) and 531,690 shares of Analogic Corp. (ALOG, Financial) .
Gordon has been in the investing industry since 1986 where she broke in as an apprentice to a portfolio manager at Manning & Napier Advisors Inc. in New York. “I spent months calculating free cash flow, tracking working capital changes and taking every night course offered in finance,” Gordon said.
Gordon learned how to assess a company's management through the teachings of guru Chuck Royce (Trades, Portfolio). In 1995 Gordon started Daruma Capital Management with zero assets under management but with a clear goal in mind: to build an investment firm where the business of money management would never interfere with her calling as a portfolio manager. Gordon boils all of her success down to these principles: thrift, resilience, hard work, intellectual curiosity and an ability to take and avoid risk.
Babcock & Wilcox is also traded in Germany.
Babcock & Wilcox has been providing energy services for more than 148 years. Its headquarters is based in the United States, but it has offices globally in Canada, China, Mexico and India.
Babcock & Wilcox has a market cap of $941.45 million, a forward P/E ratio of 11.15, a P/S ratio of 0.51 and a quick ratio of 1.55.
Gordon also bought 531,690 shares of Analogic, which was incorporated in the commonwealth of Massachusetts in November 1967. The company is a technology company that designs and manufactures medical imaging and security systems and subsystems sold to original equipment manufacturers. The company's operating segments are Ultrasound, Medical Imaging, and Security and Detection.
Analogic has a market cap of $998 million, a P/E ratio of 30.40, a P/S ratio of 1.88 and a dividend yield of 0.49.
Below is a Peter Lynch chart for Analogic.
Gordon is a hard-working talented guru with great advice on how to become successful. She has accomplished an amazing feat starting with zero assets and running her portfolio's value to close to $2 billion over the past two decades.
Cheers to your investment success.
