Bill Nygren's Stocks Trading Near 52-Week Lows

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Jan 21, 2015
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In Bill Nygren (Trades, Portfolio)’s Oakmark Fund, he seeks undervalued stocks of companies that have a strong balance sheet, significant free cash flow and capable management teams that maximize shareholder value, and takes long-term view.

The manager found information technology and financial stocks the most attractive during the fourth quarter, he said in his shareholder letter, but the most recent record of his trades is from the third quarter.

This week, seven of the stocks in Nygren’s portfolio are trading within 5% of their 52-week low share prices, lowest of which are: Amazon.com Inc. (AMZN, Financial), National Oilwell Varco Inc. (NOV, Financial), Google Inc. (GOOGL, Financial) and News Corp (NWSA, Financial).

Amazon.com Inc. (AMZN, Financial)

Amazon is trading at the closest to its 52-week low, closing at $289.44 on Tuesday. Nygren increased the stake by 10.1% in the third quarter, owning 1,069,000 shares, at 2.2% of the portfolio.

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Amazon.com Inc. was incorporated in July 1994 in the state of Washington. Amazon.com Inc. has a market cap of $134.01 billion; its shares were traded at around $289.44 with and P/S ratio of 1.6. Amazon.com Inc. had an annual average earnings growth of 23.20% over the past 10 years. GuruFocus rated Amazon.com Inc. the business predictability rank of 5-star.

National Oilwell Varco Inc. (NOV, Financial)

National Oilwell Varco Inc. is within 3.2% of its 52-week low, closing at $58.31 on Tuesday. Nygren did not increase or decrease the position in the third quarter.

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National Oilwell Varco Inc., a Delaware corporation incorporated in 1995, is a provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. National Oilwell Varco Inc. has a market cap of $25.11 billion; its shares were traded at around $58.31 with a P/E ratio of 9.70 and P/S ratio of 1.00. The dividend yield of National Oilwell Varco Inc. stocks is 2.9%. National Oilwell Varco Inc. had an annual average earnings growth of 23.0% over the past 10 years. GuruFocus rated National Oilwell Varco Inc. the business predictability rank of 2.5-star.

Google Inc. (GOOG, Financial)

Google traded within 3.7% of its 52-week low, closing at $509.94 on Tuesday. Nygren holds 583,000 shares, at 2.2% of the portfolio.

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Google Inc. was incorporated in California on Sept. 4, 1998 and reincorporated in Delaware in August 2003. Google Inc. has a market cap of $343.86 billion; its shares were traded at around $506.90 with a P/E ratio of 26.70 and P/S ratio of 5.10. Google Inc. had an annual average earnings growth of 33.0% over the past 10 years. GuruFocus rated Google Inc. the business predictability rank of 3-star.

News Corp (NWSA, Financial)

News Corp traded within 4.4% of its 52-week low share price, closing at $14.93 on Tuesday. He held 11,873,000 shares at third quarter-end, at 1.3% of the portfolio.

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News Corp is incorporated in Delaware and was founded on Dec. 11, 2012. News Corp has a market cap of $8.66 billion; its shares were traded at around $14.93 with a P/E ratio of 32.20 and P/S ratio of 1.0.

See more of Bill Nygren (Trades, Portfolio)’s stocks near 52-week lows here. Not a Premium Member of GuruFocus? Try it free for 7 days here.