Guru Stocks at 52-Week Low: Genzyme Corp, ArthroCare Corp, Ticketmaster.

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Dec 01, 2008
The market was up about 11.86% last week, recovering slightly from its previous plunges. Last week’s top stocks that reached their 52-week lows were Genzyme Corp, ArthroCare Corp, and Ticketmaster.


Last week ’ s top two out of favor industries were the Personal and Household Goods industry and the banking industry. 27 personal and household goods companies have reached their 52-week lows, while 3 have reached their 52-week highs, giving the Personal and Household Goods industry a low/high ratio of 9. 85 banks have reached their 52-week lows, while 11 have reached their 52-week highs, giving the Banking industry a low/high ratio of 7.73.


For full details about guru stocks at 52-week lows and more information, click here: http://www.gurufocus.com/52weeklow.php.


Genzyme Corp. (GENZ, Financial) Reached the 52-Week Low of $64.02


The prices of Genzyme Corp. (GENZ) shares have declined to close to the 52-week low of $64.02, which is 24.0% off the 52-week high of $83.25. Genzyme Corp. is owned by 5 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 2 reduced their positions. Genzyme Corporation is a global biotechnology company dedicated to making a major positive impact on the lives of people with serious diseases. The company has a market cap of $17.32 billion; its shares were traded at around $64.02 with a P/E ratio of 43.40 and P/S ratio of 3.92. Genzyme Corp. had an annual average earning growth of 20.2% over the past 10 years.


Genzyme Corp recently announced that its third quarter revenue rose 21% compared to revenue in the same period a year ago. Net income was 42 cents per diluted share, compared to 58 cents per share a year ago. Net income rose 20%. “The third quarter was a very strong quarter financially and also extremely productive in terms of building for the future,” said Henri A. Termeer, CEO of Genzyme Corp. “Our broad geographic diversification, solid cash position, and group of market-leading products will allow us to sustain our growth through the current financial environment and over the longer term.”


PRIMECAP Management owns 6,332,385 shares as of 09/30/2008 . Edward Owens owns 6,219,340 shares as of 09/30/2008. Jean-Marie Eveillard owns 1,402 shares as of 09/30/2008 . Ruane Cunniff owns 3,400 shares as of 09/30/2008 . Kenneth Fisher owns 17,139 shares as of 09/30/2008 . Chris Davis sold out his holdings in the quarter that ended on 09/30/2008 .


Executive VP and CFO Michael S Wyzga sold 29,390 shares of GENZ stock on 08/12/2008 at the average price of $79; the price of the stock has decreased by 18.96% since.


ArthroCare Corp. (ARTC, Financial) Reached the 52-Week Low of $13.08


The prices of ArthroCare Corp. (ARTC) shares have declined to close to the 52-week low of $13.08, which is 77.1% off the 52-week high of $57.19. ArthroCare Corp. is owned by 3 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. ArthroCare Corp. is a medical device company that develops manufactures and markets products based on its patented Coblation technology. It has a market cap of $348.29 million with a P/E ratio of 8.28 and P/S ratio of 1.00. ArthroCare Corp. had an annual average earning growth of 54.8% over the past 5 years.


John Hussman owns 1,060,000 shares as of 09/30/2008 , an increase of 41.33% from the previous quarter. Jean-Marie Eveillard owns 7,000 shares as of 09/30/2008 .


Ticketmaster (TKTM, Financial) Reached the 52-Week Low of $3.99


The prices of Ticketmaster (TKTM) shares have declined to close to the 52-week low of $3.99, which is 82.9% off the 52-week high of $25.08. Ticketmaster is owned by 4 Gurus we are tracking. Among them, 4 have added to their positions during the past quarter. TICKETMASTER ENTERTAINMENT consists of Ticketmaster and Front Line Management Group. It has a market cap of $224.27 million; its shares were traded at around $3.99 with a P/E ratio of 1.93 and P/S ratio of 0.16.


Ticketmaster recently reported its 3 rd quarter earnings. The company said that revenues were $339 million, up 16% from a year ago. Free cash flow was also up more than 50%. "While we are pleased to report solid revenue growth for the quarter and year to date, the global macro-economic environment is certaily nchallenging and its impact on live entertainment in the near-term difficult to predict, uncertain economic conditions have further reinforced our focus on driving improved efficiencies and profitability through our platforms and businesses around the world, and we have made substantial progress in realizing reduced operating costs going into the final quarter of 2008. At the same time, we continue to make great strides in our competitive positioning: we've extended our consumer reach through online distribution partnerships with companies, such as Yahoo! and Eventful; we are bringing our events to the mobile consumer through our partnership with RIM; and our technology team continues to deliver great new solutions such as Paperless Ticket(TM) to our fans and clients. We expect our recent acquisition of Front Line Management Group to accelerate the development of the artist to fan experience that Ticketmaster Entertainment is uniquely positioned to deliver,“ said Sean Moriarty, CEO of the company.


David Einhorn bought 665,518 shares in the quarter that ended on 09/30/2008 .Ă‚ Wallace Weitz bought 854,472 shares in the quarter that ended on 09/30/2008. George Soros bought 127,691 shares in the quarter that ended on 09/30/2008 .Ă‚ PRIMECAP Management bought 21,650 shares in the quarter that ended on 09/30/2008 .