52-Week Highs: Spider Gold Shares, CPFL Energia S.A., American Tower Corp., Ecopetrol S.A., and E*Trade Financial Corp.

52-Week Highs: GLD, CPL, AMT, EC, ETFC

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Jul 05, 2010



According to GuruFocus updates, these Guru stocks have reached their 52-Week Highs: Spider Gold Shares (GLD, Financial), CPFL Energia S.A. (CPL, Financial), American Tower Corp. (AMT, Financial), Ecopetrol S.A. (EC, Financial), and E*Trade Financial Corp. (ETFC, Financial).


Street Tracks Gold Shares offer investors a new, innovative, relatively cost efficient and secure way to access the gold market. Spider Gold Shares has a market cap of $50.93 billion; its shares were traded at around $118.49 .

Spider Gold Shares is in the portfolios of John Paulson, George Soros, David Winters, Steve Mandel, Jean-Marie Eveillard, Wilbur Ross, Jeremy Grantham, Steven Cohen, Richard Snow, and Kenneth Fisher.



CPFL Energia S.A. is a holding company that, through its subsidiaries, distributes, commercializes and generates energy in Brazil, standing as the largest private group in the Brazilian electric sector. CPFL Energia S.A. has a market cap of $10.95 billion; its shares were traded at around $68.26 with a P/E ratio of 14.1 and P/S ratio of 2. The dividend yield of CPFL Energia S.A. stocks is 6.3%. CPFL Energia S.A. had an annual average earning growth of 26.6% over the past 5 years.

CPFL Energia S.A. is in the portfolios of Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC.



American Tower Corporation is a wireless communications and broadcast infrastructure company with three operating segments. American Tower Corp. has a market cap of $17.55 billion; its shares were traded at around $43.7 with a P/E ratio of 62.4 and P/S ratio of 10.2. American Tower Corp. had an annual average earning growth of 9.8% over the past 10 years. GuruFocus rated American Tower Corp. the business predictability rank of 2-star.



On May 5, American Tower Corp. reported results for the first quarter of 2010. Total revenue increased 11.2% to $454.4 million, and rental and management segment revenue increased 12.1% to $443.8 million. Rental and management segment revenue growth was positively impacted by approximately 2.2% due to foreign currency exchange rate fluctuations and approximately 0.7% due to straight-line revenue recognition. Excluding the impact of these items, Core Growth in rental and management segment revenue was 9.2%. Rental and management segment Gross Margin increased 12.1% to $346.9 million. Network development services revenue and Gross Margin were $10.6 million and $4.6 million, respectively.



American Tower Corp. is in the portfolios of Chuck Akre, Richard Aster Jr, Burce Koyner, Chase Coleman, Steven Cohen, Columbia Wanger, Ran Baron, Manning & Napier Advisors, Inc., Paul Tudor Jones, Tom Russo, Chris Davis, George Soros, Jim Simons, and Jeremy Grantham.

Last month, Sell: Chairman, President and CEO James D Jr Taiclet, Sell: EVP & CFO Thomas A Bartlett, and Sell: EVP, Finance and Treasurer Jean A Bua sold shares of AMT stock. Sell: EVP, Int'l. Operations William H Hess sold 61,118 shares in April, and Sell: EVP & President, U.S. Tower Steven C. Marshall sold 3,682 shares in March.

Ecopetrol S.A. (EC) Reached the 52-Week High of $28.9

Ecopetrol S.A. is a Colombia-based petroleum company. Ecopetrol S.A. has a market cap of $58.48 billion; its shares were traded at around $28.9 with a P/E ratio of 24.9 and P/S ratio of 4.2. The dividend yield of Ecopetrol Sa stocks is 3.6%.

On April 26, Ecopetrol S.A. reported results for the first quarter of 2010. The company experience experienced a 27% increase in the group´s production compared to the first quarter of 2009. Income, operating profit and Ebitda kept growing. Ebitda margin is the highest in the last seven quarters and operating margin is the highest in the last six quarters.

EC is in the portfolios of Jim Simons of Renaissance Technologies LLC.



E*Trade Financial Corp. (ETFC) Reached the 52-Week High of $11.61

The E*Trade Financial family of companies provide financial services including brokerage, banking and lending for retail, corporate and institutional customers. E*trade Financial Corp. has a market cap of $22.27 billion; its shares were traded at around $11.61 with and P/S ratio of 9.8.



On April 21, E*Trade Financial Corp. announced results for its first quarter ended March 31, 2010, reporting a net loss of $48 million, or $0.02 per share, compared with a net loss of $67 million, or $0.04 per share, in the prior quarter and a net loss of $233 million, or $0.41 per share, a year ago. The Company reported total net revenue of $537 million for the first quarter, compared with $523 million in the prior quarter and $497 million in the year ago period.



E*Trade Financial Corp. is in the portfolios of RS Investment Management, Chase Coleman, David tepper, Bruce Koyner, George Soros, and Chris Davis.

In May, Buy: Chief Executive officer Steven J Freiberg bought 57,143 shares. Sell: Director Advisors Llc Citadel sold 17,200,000 shares in April.

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