Guru Stocks at 52-Week Low: CSCO, MRK, ABT, LFC, KEP

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Feb 14, 2011
Last week’s top five stocks that reached their 52-week lows were Cisco Systems, Merck and Co, Abbott Labs, China Life Insurance Company, and Korea Electric Power Corp. According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Cisco Systems Inc. (CSCO, Financial) Reached the 52-Week Low of $18.7

The prices of Cisco Systems Inc. (CSCO) shares have declined to close to the 52-week low of $18.7, which is 32.2% off the 52-week high of $27.57. Cisco Systems Inc. is owned by 32 Gurus we are tracking. Among them, 14 have added to their positions during the past quarter. 22 reduced their positions.

Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco Systems Inc. has a market cap of $103.65 billion; its shares were traded at around $18.7 with a P/E ratio of 13.08 and P/S ratio of 2.59. Cisco Systems Inc. had an annual average earning growth of 23% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 2.5-star.

CSCO recently reported its second quarter results for the period ended January 29, 2011. Cisco reported second quarter net sales of $10.4 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.5 billion or $0.27 per share, and non-GAAP net income of $2.1 billion or $0.37 per share.

Donald Yacktman bought 5,359,709 shares in the quarter that ended on 12/31/2010, which is 1.82% of the $5.96 billion portfolio of Yacktman Asset Management Co.. David Tepper bought 6,013,386 shares in the quarter that ended on 09/30/2010, which is 3.93% of the $3.35 billion portfolio of APPALOOSA MANAGEMENT LP. Whitney Tilson bought 58,000 shares in the quarter that ended on 09/30/2010, which is 0.23% of the $578 million portfolio of T2 Partners Management, LP.

Sell: Chairman and CEO John T Chambers sold 243,178 shares of CSCO stock on 08/18/2010 at the average price of 22.5. John T Chambers owns at least 3,098,451 shares after this. The price of the stock has decreased by 16.89% since. Other insiders have also decreased their positions in the company.

MERCK & CO. INC. (MRK, Financial) Reached the 52-Week Low of $33.07

The prices of MERCK & CO. INC. (MRK) shares have declined to close to the 52-week low of $33.07, which is 17.4% off the 52-week high of $38.5. MERCK & CO. INC. is owned by 34 Gurus we are tracking. Among them, 9 have added to their positions during the past quarter. 22 reduced their positions.

Merck & Co., Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Merck & Co. Inc. has a market cap of $101.89 billion; its shares were traded at around $33.07 with a P/E ratio of 9.67 and P/S ratio of 2.22. The dividend yield of Merck & Co. Inc. stocks is 4.6%.

Merck recently reported its fourth quarter and full year 2010 results. Worldwide sales for the fourth quarter of 2010 were $12.1 billion. GAAP net loss¹ for the fourth quarter was $531 million. For the full year of 2010, worldwide sales were $46.0 billion and GAAP net income was $861 million.

Mario Gabelli owns 911,900 shares as of 12/31/2010, an increase of 17.54% from the previous quarter. This position accounts for 0.12% of the $26.72 billion portfolio of GAMCO Investors. George Soros owns 11,000 shares as of 09/30/2010, a decrease of 40.22% of from the previous quarter. This position accounts for 0.01% of the $6.69 billion portfolio of Soros Fund Management LLC. HOTCHKIS & WILEY owns 616,495 shares as of 09/30/2010, a decrease of 72.89% of from the previous quarter. This position accounts for 0.15% of the $14.81 billion portfolio of Hotchkis & Wliey Capital Management LLC.

ABBOTT LABORATORIES (ABT, Financial) Reached the 52-Week Low of $45.56

The prices of ABBOTT LABORATORIES (ABT) shares have declined to close to the 52-week low of $45.56, which is 18.7% off the 52-week high of $55.54. ABBOTT LABORATORIES is owned by 29 Gurus we are tracking. Among them, 14 have added to their positions during the past quarter. 11 reduced their positions.

Abbott Laboratories is a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Abbott Laboratories has a market cap of $70.43 billion; its shares were traded at around $45.56 with a P/E ratio of 10.93 and P/S ratio of 2. The dividend yield of Abbott Laboratories stocks is 3.86%. Abbott Laboratories had an annual average earning growth of 7.3% over the past 10 years. GuruFocus rated Abbott Laboratories the business predictability rank of 4.5-star.

ABT recently reported its fourth quarter results. Diluted earnings per share, excluding specified items, were $1.30, reflecting 10.2 percent growth. Diluted earnings per share under Generally Accepted Accounting Principles (GAAP) were $0.92, primarily reflecting costs associated with recently announced restructuring actions for the integration of the Solvay Pharmaceuticals acquisition and in-process R&D related to the Reata collaboration.

Richard Snow bought 59,733 shares in the quarter that ended on 12/31/2010, which is 0.11% of the $2.58 billion portfolio of Snow Capital Management, L.P.. Mario Gabelli owns 348,585 shares as of 12/31/2010, a decrease of 20.24% of from the previous quarter. This position accounts for 0.06% of the $26.72 billion portfolio of GAMCO Investors. John Hussman owns 1,500,000 shares as of 12/31/2010, a decrease of 25% of from the previous quarter. This position accounts for 1.13% of the $6.34 billion portfolio of Hussman Economtrics Advisors, Inc..

Buy: Director Phebe N Novakovic bought 500 shares of ABT stock on 12/06/2010 at the average price of 46.85. Phebe N Novakovic owns at least 500 shares after this. The price of the stock has decreased by 2.75% since.

CHINA LIFE INSURANCE COMPANY LTD. (LFC, Financial) Reached the 52-Week Low of $56.7

The prices of CHINA LIFE INSURANCE COMPANY LTD. (LFC) shares have declined to close to the 52-week low of $56.7, which is 24.2% off the 52-week high of $74.79. CHINA LIFE INSURANCE COMPANY LTD. is owned by 7 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 6 reduced their positions.

China Life Insurance Company Limited is the life insurance company in China's life insurance market. China Life Insurance Company Ltd. has a market cap of $28.13 billion; its shares were traded at around $56.7 with a P/E ratio of 19.22 and P/S ratio of 0.56. The dividend yield of China Life Insurance Company Ltd. stocks is 2.41%. China Life Insurance Company Ltd. had an annual average earning growth of 73.6% over the past 5 years.

Chris Davis owns 390,313 shares as of 12/31/2010, which accounts for 0.04% of the $58.28 billion portfolio of Davis Selected Advisers. Kenneth Fisher owns 127,985 shares as of 12/31/2010, which accounts for 0.02% of the $35.88 billion portfolio of Fisher Asset Management, LLC.

KOREA ELECTRIC POWER CORP (KEP, Financial) Reached the 52-Week Low of $12.31

The prices of KOREA ELECTRIC POWER CORP (KEP) shares have declined to close to the 52-week low of $12.31, which is 31.7% off the 52-week high of $17.45. KOREA ELECTRIC POWER CORP is owned by 6 Gurus we are tracking. Among them, 4 have added to their positions during the past quarter. 4 reduced their positions.

Korea Electric Power Corporation generates and supplies electric power to its customers, both industrial and residential. Korea Electric Power Corp has a market cap of $15.8 billion; its shares were traded at around $12.31 with and P/S ratio of 0.46.

Mario Gabelli owns 598,000 shares as of 12/31/2010, an increase of 14.34% from the previous quarter. This position accounts for 0.03% of the $26.72 billion portfolio of GAMCO Investors. Charles Brandes owns 14,070,745 shares as of 09/30/2010, which accounts for 1.13% of the $16.09 billion portfolio of Brandes Investment. Donald Smith owns 1,163,764 shares as of 09/30/2010, which accounts for 0.55% of the $2.74 billion portfolio of Donald Smith & Co..