Robert Olstein (Trades, Portfolio) is the chairman and CIO of the Olstein Financial Alert Fund (OFALX). During the second quarter 2016, the guru bought shares in some stocks, and the following are the ones with the highest performance since that buy.
eBay Inc. (EBAY)
The guru raised his stake in eBay by 4.14% during the second quarter and now holds 277,000 shares. Since then, the price of the stock has risen by 29%.
The company has a market cap of $35.14 billion and an enterprise value of $35.85 billion. It is a commerce platform and provides online marketplace for sale of goods. The company's business segments are Marketplaces, Payments and Enterprise.
The price of the stock has risen by 142% during the last five years, by 18% since the beginning of the year and by 11% during the last 12 months. The stock is now 2.11% below its 52-week high and 44.68% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 5 out of 10 with ROE of 21.18% and ROA of 7.96 that are outperforming 78% of the companies in the Global Specialty Retail industry.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.74% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.5%, George Soros (Trades, Portfolio) with 0.33%, Joel Greenblatt (Trades, Portfolio) with 0.25% and Jim Simons (Trades, Portfolio) with 0.17%.
Harmonic Inc. (HLIT)
The investor increased his shares in Cimarex Energy by 25.15% during the second quarter and now holds 852,300 shares. Since then, the price of the stock has risen by 29%.
The company has a market cap of $305.43 billion and an enterprise value of $357.07 billion. It designs, manufactures and sells video products and system solutions that enable service providers to efficiently deliver the next generation of broadcast and on-demand services.
The price of the stock has dropped by 27% during the last five years and did not face any change since the beginning of the year, though it dropped by 33% during the last 12 months. The stock is now 37.40% below its 52-week high and 57.37% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 4 out of 10.
Chuck Royce (Trades, Portfolio) is the largest shareholder among the gurus with 2.31% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 1.43% and Robert Olstein (Trades, Portfolio) with 1.1%.
Natus Medical Inc. (BABY)
The guru acquired 57,025 shares in Natus Medical during the second quarter and since then, the price of the stock has risen by 14%.
The company has a market cap of $1.26 billion and an enterprise value of $1.18 billion. It provides newborn care and neurology healthcare products and services used for screening, diagnosis, detection, treatment, monitoring and tracking of medical ailments.
The price of the stock has risen by 283% during the last five years but dropped by 16% since the beginning of the year and by 16% during the last 12 months. The stock is now 24.82% below its 52-week high and 30.81% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 9.96% that is outperforming 70% of the companies in the Global Medical Devices industry.
The largest shareholder among the gurus is Diamond Hill Capital (Trades, Portfolio) with 1.79% of outstanding shares, followed by Ken Fisher (Trades, Portfolio) with 1.79%, Joel Greenblatt (Trades, Portfolio) with 0.26% and Robert Olstein (Trades, Portfolio) with 0.17%.
Astronics Corp. (ATRO)
The guru bought 69,020 shares in Astronics during the second quarter and since then, the price of the stock has risen by 13%.
The company has a market cap of $1.04 billion and an enterprise value of $1.1 billion. It supplies products to the aerospace, defense and other industries. Its products include lighting and safety systems, electrical power generation and distribution systems, aircraft structures, avionics products and automatic test systems.
The price of the stock has risen by 209% during the last five years, by 6% since the beginning of the year and dropped by 16% during the last 12 months. The stock is now 32.26% below its 52-week high and 66.14% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROA of 24.41% and ROE 10.90% that are outperforming 83% of the companies in the Global Aerospace & Defense industry.
The largest shareholder among the gurus is Pioneer Investments (Trades, Portfolio) with 0.6% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.43%, Robert Olstein (Trades, Portfolio) with 0.27%, Chuck Royce (Trades, Portfolio) with 0.24% and George Soros (Trades, Portfolio) with 0.15%.
Microsoft Corp. (MSFT)
The investor raise his shares in Microsoft by 12.03% during the second quarter and now holds 177,000 shares. Since then, the price of the stock has risen by 12%.
The company has a market cap of $452.12 billion and enterprise value of $382.58 billion. It is engaged in designing, manufacturing, selling devices, and online advertising. Its products include operating systems for computing devices, servers, phones and other devices.
The price of the stock has risen by 131% during the last five years, by 6% since the beginning of the year and by 25% during the last 12 months. The stock is now 0.82% below its 52-week high and 46.07% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROE of 21.64% and ROA of 9.13% that are outperforming 79% of the companies in the Global Software - Infrastructure industry.
The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 0.76% of outstanding shares, followed by Jeff Ubben (Trades, Portfolio) with 0.73%, Dodge & Cox with 0.68%, Barrow, Hanley, Mewhinney & Strauss with 0.35% and Steve Mandel (Trades, Portfolio) with 0.33%.
Hologic Inc. (HOLX)
The investor bought 187,000 shares in Hologic during the second quarter and since then the price of the stock has risen by 11%.
The company has a market cap of $10.69 billion and an enterprise value of $13.54 billion. It is a developer, manufacturer and supplier of medical imaging systems and diagnostic and surgical products serving the health care needs of women.
The price of the stock has risen by 138% during the last five years, by 2% since the beginning of the year but dropped by 7% during the last 12 months. The stock is now 10.35% below its 52-week high and 21.07% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 7 out of 10 with ROA of 12.47% and ROE 3.46% that are outperforming 59% of the companies in the Global Medical Instruments & Supplies industry.
The largest shareholder among the gurus is Carl Icahn (Trades, Portfolio) with 3.69% of outstanding shares, followed by Vanguard Health Care Fund (Trades, Portfolio) with 3.69%, Kahn Brothers (Trades, Portfolio) with 0.48%, Jim Simons (Trades, Portfolio) with 0.46%, RS Investment Management (Trades, Portfolio) with 0.33% and Steven Cohen (Trades, Portfolio) with 0.2%.
Apple Inc. (AAPL)
The guru raised his stake in Apple by 70.97% during the second quarter and now he holds 53,000 shares. Since then, the price of the stock has risen by 8%.
The company has a market cap of $581.95 billion and enterprise value of $587.36 billion. It designs, manufactures, and markets mobile communication and media devices, personal computers, portable digital music players, and sells a variety of related software.
The price of the stock has risen by 101% during the last five years, by 3% since the beginning of the year but dropped by 5% during the last 12 months. The stock is now 12.78% below its 52-week high and 20.71% above its 52-week low.
GuruFocus gives the stock a profitability and growth rating of 8 out of 10 with ROE of 37.92% and ROA of 16.28% that are outperforming 96% of the companies in the Global Consumer Electronics industry.
The largest shareholder among the gurus is Ken Fisher (Trades, Portfolio) with 0.21% of outstanding shares, followed by Spiros Segalas (Trades, Portfolio) with 0.2%, Warren Buffett (Trades, Portfolio) with 0.18%, Pioneer Investments (Trades, Portfolio) with 0.16% and David Einhorn (Trades, Portfolio) with 0.15%.
Disclosure: The author holds a long position in Apple but doesn't hold a position in any other company mentioned in this article at the time of publication, and had no intention of changing that position within the next 72 hours. See my current holdings here.
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