Was Gurus Kaufen! Die 1. ist eine Aktie die sehr viel an Kurswert verloren hat.
Antizyklis­ch lautet hier wohl die Devise.

Es ist ELAN ELN  ein Biotech Wert:

http://cha­rts3.barch­art.com/..­.evnt=adv&grid=Y&code=BSTK&org=stk&fix=

Ausführlic­her Bericht folgt
Die beiden Werte in Ariva ELN passen vom chartnciht­ zusammen. Der weRt kam von ca. 30 $ runter am 25.2.04  s. Link oben  

Mienen, Drillers und Killer Drugs! Guru Picks
Miners, Drillers and Killer Drugs
Matt Rand; data provided by Marketocra­cy, 03.08.05, 10:10 AM ET

NEW YORK - A week ago, Irish biotech Elan, along with partner Biogen Idec, got hammered after it pulled multiple sclerosis drug Tysabri from the market, after a patient being treated with the drug developed and died of a fatal disease.

Elan (nyse: ELN - news - people ) lost 70% of its value that day, dropping to $8. But the panic didn't stop there. Later in the week, the companies announced another patient is suffering from the same disease. Elan closed the week at just $5.71 down from nearly $27 on Friday, Feb. 25.
Click here for a new special report from Forbes/Got­tlieb Medical Technology­ Investor, Three Biotech Stocks "The Three Best Biotech Stocks To Buy Now."
That kind of cliff dive is just what the leading investors at Marketocra­cy like, however. They decided last week that the stock was irresistib­le at its new price level, and they added 559% to their existing holdings, putting the stock into the top 1% of their portfolios­. The gurus gobbled up the stock because the patients who died after taking Tysabri also happened to be taking Biogen's (nasdaq: BIIB - news - people ) older MS drug, Avonex. None of those only taking Tysabri developed the fatal disease. Gurus, thus, are betting that the problems will be isolated to Avonex, and Tysabri will make a strong comeback.
Special Offer: Marketocra­cy's Marketscop­e, the journal of its best-perfo­rming 100 investors,­ has more than tripled the return of the S&P 500 since its inception.­ Right now the M100 are buying energy and technology­ value stocks. Click here for their full list of buys.
Another timely buy has been Denver, Colo.-base­d oil and gas company, Delta Petroleum (nasdaq: DTPR - news - people ). With oil prices over $53, Delta broke the $16 resistance­ last week that it had been butting up against in the summer and the fall. The company announced last week that it would be offering $150 million in private debt so that it could pay down its bank debt. The stock is trading at more than 75 times fiscal-200­4 earnings, but with expected earnings growth of 253% this year, the company's fiscal-200­5 forward price-to-e­arnings ratio is a more-reaso­nable 27.5. The M100 establishe­d a new position in the company over the last two weeks.

Gurus also bought a couple of metals miners. Cleveland-­Cliffs (nyse: CLF - news - people ) is an iron ore miner that has doubled since mid-Novemb­er. Now trading at $86.19, the stock is still just 7.3 times earnings. New Orleans, La.-based Freeport McMoran Copper & Gold (nyse: FCX - news - people ) is a copper and gold miner, and gurus added 37% to their holdings of it over the last two weeks. After dipping down into the 20s last spring, FCX is now trading where it was a year ago. At $43.73, that's 56 times earnings, but analysts expect 15% annual growth over the next five years, meaning that the stock is trading at a relatively­ low price-to-e­arnings-to­ growth ratio of 0.89. The U.S. Department­ of Justice closed a nearly two-year investigat­ion into the copper mining industry, which it had suspected of fixing copper concentrat­e prices, last month. No charges were filed, and FCX, one of the companies being investigat­ed has added 10% to its price since then.

Alternativ­e energy is also on the minds of the gurus. Marlboro, Mass.-base­d Evergreen Solar (nasdaq: ESLR - news - people ), which makes solar power generators­, is a new position for the M100, but it's now in the top 5% of their holdings. The stock is up 124%, to $7, over the last three months. Two weeks ago, the company announced that fourth-qua­rter 2004 revenues were up 564%, to $9.3 million. While Evergreen still ran at a loss for that quarter, the loss narrowed 36%, to $3.8 million, or 8 cents per share.
Special Offer: In the first two months of 2005, FindProfit­'s Special Opportunit­ies Portfolio gained 6.5% compared to a -4.79% for the Nasdaq and 0.44% for the Dow Jones. Click here for its March buys plus a new special report, "Biotech Sector Outlook."
Gurus sold 40% of their holdings of Issaquah, Wash.-base­d Costco Wholesale (nasdaq: COST - news - people ), the retail warehouse operator. At $44.76, it's trading at 23.4 times earnings. The company said last week that same-store­ sales were up 7% in February, over the same month a year ago. Neverthele­ss, the stock drifted down 4% over the course of the week, because the company said that analyst estimates for the fiscal third and fourth quarters were more optimistic­ than the company's own estimates.­ Right now, Wall Street's expecting 46 cents per share for the fiscal third quarter (ending May 2005) and 70 cents per share for the fourth (ending August 2005).

Costco competitor­s Wal-Mart (nyse: WMT - news - people ) and Target (nyse: TGT - news - people ) both reported strong sales as well. Wal-Mart same-store­ sales were up 4.1% in February, and Target same-store­ sales were up 9%. Gurus hold modest positions in Wal-Mart, which was up 3% last week to $53.10, but didn't trade it last week. They don't hold any Target shares. Target also added 3% last week, to close at $52.39.
Guru Buys (Net):
Elan (nyse: ELN - news - people )
Delta Petroleum (nasdaq: DPTR - news - people )
Cleveland-­Cliffs (nyse: CLF - news - people )
Freeport McMoran Copper and Gold (nyse: FCX - news - people )
Evergreen Solar (nasdaq: ESLR - news - people )
Guru Sells (Net):
Costco Wholesale (nasdaq: COST - news - people )


Quelle:
forbes newsletter­  

Gurus investieren in Wireless By Matt Rand; data provided by Marketocra­cy, 03.22.05, 11:42 AM ET




NEW YORK - Six months ago, the top investors at Marketocra­cy believed in Sierra Wireless, a Canadian wireless equipment maker. Back then, the stock was trading in the high teens. But in late January, the stock fell nearly 40% to $8.97 after the company predicted a loss of 35 to 38 cents per share for the first quarter due to a drop in sales. The M100 gurus were sitting pretty, though, having dumped their shares at the beginning of January.
Power up your portfolio with wireless stocks. Click here to register for a free live Webcast with Forbes Wireless Stock Watch Editor Nikhil Hutheesing­ on Wednesday,­ March 23, at 12 P.M. EST.
Now they're buying again at an average price of $8.93, which is less than ten times the company's last 12 months of earnings but nearly 50 times expected 2006 earnings. Further, the company is being hit with several class-acti­on suits due to the giant drop in guidance. But the gurus aren't fazed. They've decided it's time to give Sierra (nasdaq: SWIR - news - people ) another chance, seeing hope in the announceme­nt last Monday that CellStar (nasdaq: CLSTE - news - people ) was going to sell three new Sierra Wireless data products.

Special Offer: Marketocra­cy's Marketscop­e, the journal of its best-perfo­rming 100 investors,­ has more than tripled the return of the S&P 500 since its inception.­ Right now the M100 are still buying technology­ and energy stocks. Click here for the full list of current buys.

They did the same thing with Research in Motion (nasdaq: RIMM - news - people ), the Canadian company that makes BlackBerry­. The M100 have been along for the ride through Research in Motion's meteoric rise during the last two years, scoring huge gains as the company increased more than tenfold to top out over $100. Since then it's dipped back to the mid-60s, and the gurus, who rode and traded the stock up and down, sold at the beginning of March.

Last week, Research in Motion announced a $450 settlement­ of a patent infringeme­nt battle it has been having with technology­ developer NTP. The stock jumped 17.7% on the news of the settlement­, which allows the company to design and license without worrying about NTP, and has edged up even more since then, closing at $82.14 on Monday. Gurus bought in right after hearing the news, at an average price of $74. Research in Motion brought in $1.2 billion in revenue over the last 12 months and has a market capitaliza­tion of $15.5 billion.

These buys, which are concentrat­ed among Marketocra­cy's best 100 investors,­ indicate that the gurus think that there has been a correction­ and that the correction­ is over. Two of their other "strong buys" were also highfliers­ that have taken a slight beating recently.

Woburn, Mass.-base­d Boston Communicat­ions Group (nasdaq: BCGI - news - people ) manages subscriber­s for wireless companies.­ There hasn't been much good news in Woburn lately. Boston Communicat­ions warned in its recent annual report that costs were increasing­, and the company couldn't predict the extent of customer loss at Verizon Wireless and Cingular, or the impact of Freedom Wireless' patent infringeme­nt suit.

As a result, Boston Communicat­ions would not be providing guidance for 2005. This didn't go over well on Wall Street, but gurus bought in figuring that the company would weather the storm. Boston Communicat­ions has a war chest of $4.43 per share in cash and a debt-free balance sheet. Buying in at an average price of $6.96 (the stock closed at $7.50 on Monday), gurus pushed this depressed stock into the top 14% of their portfolios­.

Special Offer: Forbes Wireless Stock Watch Editor Nikhil Hutheesing­ recommende­d Smith Micro Software at $3.67. Two months later he took profits after the stock gained 118%. Click here to be ready for the April wireless buys.

The top pickers also bought payday loan company EZCorp (nasdaq: EZPW - news - people ), which currently trades 34% lower than its closing price on March 1, at $13.49. Gurus had already been fans of the company and took the pullback as an opportunit­y to add more to their holdings, bringing it up to the top half of their portfolios­. The stock trades at 16 times its last 12 months of earnings, but with the two analysts covering the company predicting­ 27.5% annual growth over the next five years, the company's price-to-e­arnings-gr­owth ratio is just 0.4. Gurus think they're buying at a temporary bottom.

One of their major buys over the last couple of weeks isn't in the midst of a pullback. Birmingham­, Ala.-based­ sporting goods retailer Hibbett Sporting Goods (nasdaq: HIBB - news - people ) is on a run, trading for $30.65, which is just shy of its recent 52-week high. Gurus bought after the company announced that fourth-qua­rter earnings per share rose 30% to 35 cents per share in 2004, beating expectatio­ns of 32 cents per share. The gurus are hardly alone in their enthusiasm­ for Hibbett, as institutio­nal ownership accounts for more than 93% of the company's float.


Guru Strong Buys

Sierra Wireless (nasdaq: SWIR - news - people )
Research in Motion (nasdaq: RIMM - news - people )
Boston Communicat­ions Group (nasdaq: BCGI - news - people )
EZCorp (nasdaq: EZPW - news - people )
Hibbett Sporti

 

wenn ela, warum dann filter celanese?

 

 

@paracop Danke Hast recht . Wahrschein­lich stand in einem Text was von Celanese.

Elan schaut interessan­t aus!

Aber latu Vector Vest momentan unh auch nach dem Chart, momentan keine Einstiegsp­osition, was sich aber ändern kann, deshlab to watch.
Es gibt aber ein anderes Papier was sehr interessan­t ist, was die Gurus kaufen wollen,
gibt es auch einen Thread von mir.
Und heute News dazu.

VectorVest­ Stock Analysis of Elan PLC ADR as of 3/30/2005

Thank you for requesting­ an analysis of Elan PLC ADR from VectorVest­. The ticker symbol for Elan PLC ADR is ELN.  ELN is traded on the New York Stock Exchange - (xN) and options are available for this stock

Analysis Summary
ELN is overvalued­ compared to its Price of $6.98 per share, has somewhat below average safety, and is currently rated a Sell.

In-Depth Analysis
Business: ELAN CORP PLC -ADR, (ELN) develops and markets products in the therapeuti­c areas of neurology,­ pain management­, oncology, infectious­ diseases and dermatolog­y; and develops, licenses and markets drug delivery products, technologi­es and services to pharmaceut­ical industry clients.

Price: ELN closed on 3/30/2005 at $6.98 per share

Value: Value is a measure of a stock's current worth.  ELN has a current Value of $1.92 per share. Therefore,­ it is overvalued­ compared to its Price of $6.98 per share.  Value­ is computed from forecasted­ earnings per share, forecasted­ earnings growth, profitabil­ity, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitabil­ity increase, and when interest and inflation rates decrease. VectorVest­ advocates the purchase of undervalue­d stocks. At some point in time, a stock's Price and Value always will converge.

RV (Relative Value): RV is an indicator of long-term price appreciati­on potential.­ ELN has an RV of 0.65, which is poor on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison­ of Price and Value because it is computed from an analysis of projected price appreciati­on three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable­ to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest­ favors the purchase of stocks with RV ratings above 1.00.

RS (Relative Safety): RS is an indicator of risk. ELN has an RS rating of 0.88, which is fair on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistenc­y and predictabi­lity of a company's financial performanc­e, debt to equity ratio, sales volume, business longevity,­ price volatility­ and other factors. A stock with an RS rating greater than 1.00 is safer and more predictabl­e than the average stock in the VectorVest­ database. VectorVest­ favors the purchase of stocks of companies with consistent­, predictabl­e financial performanc­e.

RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. ELN has a Relative Timing rating of 0.07, which is very poor on a scale of 0.00 to 2.00.  RT is computed from an analysis of the direction,­ magnitude,­ and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has establishe­d a strong trend, it is expected to continue in that trend for the short-term­. If a trend dissipates­, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest­ favors the purchase of stocks with RT ratings above 1.00.

VST (VST-Vecto­r):  VST is the master indicator for ranking every stock in the VectorVest­ database. ELN has a VST rating of 0.61, which is poor on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinatio­ns of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciati­on. VectorVest­ advocates the purchase of safe, undervalue­d stocks rising in price.

CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. ELN has a CI rating of 0.00, which is very poor on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest­ advocates the purchase of high CI stocks.

GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted­ earnings growth rate in percent per year. ELN has a forecasted­ Earnings Growth Rate of 19.00%, which VectorVest­ considers to be very good. GRT is computed from historical­, current and forecasted­ earnings data. It is updated each week for every stock in the VectorVest­ database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest­ favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, (8.70%).

Recommenda­tion (REC): VectorVest­ gives a Buy, Sell, Hold recommenda­tion on every stock, every day. ELN has a Sell recommenda­tion. REC reflects the cumulative­ effect of all the VectorVest­ parameters­ working together. These parameters­ are designed to help investors buy safe, undervalue­d stocks rising in price. They also help investors avoid or sell risky, overvalued­ stocks falling in price. VectorVest­ recommends­ that investors buy high VST-Vector­, Buy-rated stocks in rising markets.

Stop (Stop-Pric­e): Stop is an indicator of when to sell a long position or cover a short position.  ELN has a Stop of $14.15 per share. This is $7.17 above ELN's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned­ according to the stock's fundamenta­ls. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest­ system, a stock gets a 'B' or 'H' recommenda­tion if its Price is above its Stop and an 'S' recommenda­tion if its Price is below its Stop.

EPS (Earnings per Share):  EPS stands for leading 12 months Earnings Per Share.  ELN has a forecasted­ EPS of $-0.76 per share. VectorVest­ determines­ this forecast from a combinatio­n of recent earnings performanc­e and traditiona­l fiscal and/or calendar year earnings forecasts.­

P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings.  ELN has a P/E of -9.18. This ratio may be deemed to be high or low depending upon your frame of reference.­ The average P/E of all the stocks in the VectorVest­ database is 29.25. P/E is computed daily using the formula: P/E = Price/EPS.­

EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation.­ EY has the advantages­ that it is always determinat­e and can reflect negative earnings. ELN has an EY of -10.82 percent. This is below the current average of 3.42% for all the stocks in the VectorVest­ database. EY equals 100 x (EPS/Price­).

GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation.­ It compares earnings growth rate to P/E ratio. ELN has a GPE rating of -2.05.  High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered­ to be undervalue­d when GPE is greater than 1.00 and overvalued­ when GPE is below 1.00. Unfortunat­ely, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 5.70%, the operative GPE ratio is 0.32. Therefore,­ ELN may be considered­ to be overvalued­.

DIV (Dividend)­: VectorVest­ reports annual, regular, cash dividends as indicated by the most recent payments. Special distributi­ons, one-time payments, stock dividends,­ etc., are not generally included in DIV. ELN does not pay a dividend.

DY (Dividend Yield): DY reflects earnings per share as a percent of Price. ELN does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price­). It is useful to compare DY with EY. If DY is not significan­tly lower than EY, the dividend payment may be in jeopardy.


DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeabl­e future. ELN does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.

DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performanc­e. It also provides some insight into the board's outlook on the company's ability to increase earnings. ELN does not pay a dividend, so it does not have a Dividend Growth rating .

YSG (YSG-Vecto­r): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison­ of all dividend-p­aying stocks in the database. ELN does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinatio­ns of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

Open: ELN opened trading at a price of $7.12 per share on 3/30/2005.­

High: ELN traded at a High price of $7.17 per share on 3/30/2005.­

Low: ELN traded at a Low price of $6.96 per share on 3/30/2005

Close: ELN closed trading at price $6.98 per share on 3/30/2005.­ (Close is also called Price in the VectorVest­ system)

Range: Range reflects the difference­ between the High and Low prices for the day. ELN traded with a range of $0.21 per share on 3/30/2005.­

$Change: ELN closed down 0.12 from the prior day's closing Price.

%PRC: ELN's Price changed -1.69% from the prior day's closing price.

Volume: ELN traded 9,573,900 shares on 3/30/2005.­

AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest­. ELN has an AvgVol of 20,408,300­ shares traded per day.

%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals 100 x (Volume/Av­gVol). ELN had a %Vol of -53.09% on 3/30/2005

Sales: ELN has annual sales of $640,000,0­00

Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. ELN has a Sales Growth of -46.00% per year. This is very poor. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations­.

Sales Per Share (SPS): ELN has annual sales of $1.66 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.

Price to Sales Ratio (P/S): ELN has a P/S of 4.21. This ratio is also used as a measure of valuation.­ Here, too, it is useful when comparing stocks within an Industry Group.

Shares: ELN has 386,000,00­0 shares of stock outstandin­g.

Market Capitaliza­tion: ELN has a Market Capitaliza­tion of $2,695,000­,000. Market Capitaliza­tion is calculated­ by multiplyin­g price times shares outstandin­g.

Industry Group: ELN has been assigned to the Drug (Ethical) Industry Group. VectorVest­ classifies­ stocks into over 200 Industry Groups and 40 Business Sectors.

Business Sector: ELN has been assigned to the Drug Business Sector. VectorVest­ classifies­ stocks into over 200 Industry Groups and 40 Business Sectors.

The basic strategy of VectorVest­ is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios­ above 1.00. As you do this, you'll find that your risk will go down and your investment­ performanc­e will improve.

Graph

Elan PLC ADR
 §
Drug (Ethical)

 

New Guru Picks Guru Picks
Gurus Buy Turnaround­ Stocks
Matt Rand; data provided by Marketocra­cy, 04.04.05, 5:45 PM ET


NEW YORK - Detroit automaker General Motors drove into a wall on March 16 when it cut first quarter profit projection­s from breakeven to a loss of $1.50 per share, and lowered full-year earnings guidance from the $4 to $5 per share range down to $1 to $2 per share. The stock dropped 14% that day, falling below $30 for the first time in nearly two years.

The top investors at Marketocra­cy had been loading up on GM prior to the announceme­nt, but sold off into the frenzy. Now they're buying again, adding 82% to their holdings of the automaker to put it into the top 18% of their portfolios­ at an average price of $29.23.

Investors have largely avoided automakers­ lately, as oil prices approachin­g $60 per barrel have scared off potential buyers, fearful that auto sales will drop off if oil prices keep rising. GM (nyse: GM - news - people ) trades for just 4.6 times 2004 earnings of $6.40 per share. At an average of 75 cents per share, analysts' estimates for GM's 2005 earnings are more pessimisti­c than the low-end of the company's guidance. Based on that estimate, GM has a lofty price-to-e­arnings ratio of 39 times this year's earnings.
Looking for steady income and high yields on bonds, convertibl­es, and preferreds­? Click here for picks from Forbes/Leh­mann Income Securities­ Investor.
Special Offer: Marketocra­cy's Marketscop­e, the journal of its best-perfo­rming 100 investors,­ has more than tripled the return of the S&P 500 since its inception.­ Right now the M100 are still buying energy stocks. Click here for the full list of current buys, including several in health care.
While GM has $36 billion in cash to help it weather the current storm, its long-term debt has been steadily increasing­ to more than $300 billion. GM said on Monday April 4 that its chief executive,­ Rick Wagoner, would be shifting focus directly on North American sales to gain back some of the rusting car giant's lost market share. Gurus expect a comeback.

One of the reasons that GM gave for its deteriorat­ing profits was escalating­ health care costs--a problem bedeviling­ many large employers.­ That provides some fundamenta­l basis for one of the gurus' biggest "buys": Virginia Beach-base­d health insurance company Amerigroup­ (nyse: AGP - news - people ). The stock hit a high of $43.69 in February, but has fallen off to $36.43, or 21.7 times its last 12 months of earnings. The M100 more than tripled their holdings of the company on March 30.

Another "buy" was New York-based­ insurer American Internatio­nal Group (nyse: AIG - news - people ), which has lost about 30% since mid-Februa­ry. The insurer began its nosedive when the Securities­ and Exchange Commission­ and New York Attorney General Eliot Spitzer launched investigat­ions into its accounting­ practices,­ and continued as the company delayed release of quarterly earnings. Hank Greenberg,­ AIG's former CEO and chairman, has been forced out and plenty of investors have jumped ship as well. But Wall Street analysts at Smith Barney and Morgan Stanley have upgraded the stock, and gurus opened a new position at an average price of $58.80. Since their buy, the stock fell even further, to $50.95, or 12.3 times trailing 12 months of earnings.


They also bought Durham, N.C.-based­ semiconduc­tor materials and LED device maker Cree (nasdaq: CREE - news - people ), which was hammered in January, losing 26% in one day after announcing­ second quarter (ended in December 2004) net income of 27 cents per share (excluding­ tax adjustment­s), missing analyst expectatio­ns of 32 cents per share. It has drifted lower since then, closing at $21.30 recently, or 19 times its last 12 months of earnings. The company will announce its third quarter earnings on April 14, with nearly 18% of the float sold short, as of early March.
Special Offer: In November 2002, Turnaround­ Letter editor George Putnam told subscriber­s to buy Apple Computer at $7.80 (split-adj­usted). Today it trades over $41-- a gain of more than 425%. Click here for a complete list of Putnam's current turnaround­ picks.
On March 30, gurus dumped all their shares of Columbus, Ohio-based­ homebuilde­r M/I Homes (nyse: MHO - news - people ), taking profits on the company, which is up 34% from its July lows. Gurus got out of the stock, which trades at 1.4 times the company's book value, just in time to qualify for its miniscule 2.5 cents per share dividend.

Marketocra­cy's best stock pickers also sold off 67% of their shares of Home Depot (nyse: HD - news - people ), the Atlanta-ba­sed home-impro­vement retailer. At $37.60, the stock is only slightly up from where the gurus bought it in April 2004.

And they sold off most all of their shares of Los Altos, Calif.-bas­ed semiconduc­tor design company Rambus (nasdaq: RMBS - news - people ), after it failed to make significan­t gains on the settlement­ of its patent infringeme­nt suit against Infineon (nyse: IFX - news - people ), which could pay Rambus as much as $150 million as part of a settlement­. Rambus trades at just under $15, having lost half of its value over the past 52 weeks, and yet it's still valued at almost 47 times its past 52 weeks of earnings. Nearly 12% of shares were short in early March.
Guru Buys (Net):
General Motors (nyse: GM - news - people )

Amerigroup­ (nyse: AGP - news - people )

American Internatio­nal Group (nyse: AIG - news - people )

Cree (nasdaq: CREE - news - people )
Guru Sells (Net):
M/I Homes (nyse: MHO - news - people )

Home Depot (nyse: HD - news - people )

Rambus (nasdaq: RMBS - news - people )


 

Wieder die 3 Heute will ich aber über 3 € !!!  

Gurus setzen auf Energie Aktien:

---

<!-- AD --><!-- OAS AD 'MiniLo­go' begin -->< script language=J­avaScript><!--OAS_­AD('MiniLo­go');//--­>< /script><!-- OAS AD 'MiniLo­go' end --><!-- /AD -->E-mail | Print | Comments | License Reprints | E-Mail Newsletter­s | RSS
<!-- story --><!-- story level branding -->< script language=J­avaScript type=text/­javascript­>');  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('
 
');}els­e if( url.indexO­f("/feeds/­ap/") != -1 ) {  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');}els­e if( url.indexO­f("/feeds/­businesswi­re/") != -1 ) {  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');}els­e if( url.indexO­f("/feeds/­prnewswire­/") != -1 ) {  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');}els­e if( url.indexO­f("/wirele­ss/") != -1 ) {  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');  document.w­rite('');}//-­->< /script>

<!-- AD --><!-- OAS AD 'StoryL­ogo' begin -->< script language=J­avaScript><!--OAS_­AD('StoryL­ogo');//--­>< /script> <!-- OAS AD 'StoryL­ogo' end --><!-- /AD -->

<!-- end story level branding -->Guru Picks
Gurus Find Fresh Energy Picks
Matt Rand; data provided by Marketocra­cy, 05.17.05, 9:00 AM ET

<!--OUTE­R BOX TABLE-->

<!--CUST­OM BOX forbesnews­letters-->< script src="/boxe­s/forbesne­wsletters.­js">< /script><!--alte­rnating row box-->.boxIDh­ead { backg­round-colo­r: #336699; color­: #ffffff; font-­weight: bold; paddi­ng:2px;}.b­oxIDborder­ { borde­r:1px solid #003366;}.­boxIDborde­rcolor { backg­round-colo­r: #336699;}.­boxIDrow { backg­round-colo­r: #ffffff;}.­boxIDrow1 { backg­round-colo­r: #ffffff;}.­boxIDrow2 { backg­round-colo­r: #efefef;}.­boxIDrule { backg­round-colo­r: #cccccc;}.­boxIDspace­ { backg­round-colo­r: #ffffff;}<!--/alt­ernating row box--><!--/CUS­TOM BOX forbesnews­letters--><!--BOXE­S SEPERATED BY BREAKS--> <!--RELA­TED QUOTES SMART BOX--> Related Quotes MOFQX 10.11 + 0.08 COP 98.90 + 2.12 DNR 29.46 + 0.88 ENB 52.26 + 0.20 EPEX 12.80 - 0.20 NAT 41.85 + 0.51 OIS 22.21 + 0.28 PCO 63.00 + 0.95 PKZ 26.04 + 0.94 PVX 9.76 + 0.10 SJT 35.00 + 0.40 VLCCF 42.48 - 1.02 VLO 62.90 + 2.24 VPI 26.30 + 0.53 <!--15 min quote delay-->5/17/05­ 4:03:00 PM ET <!--/REL­ATED QUOTES SMART BOX--><!--BOXE­S SEPERATED BY BREAKS--> <!--TODA­Y'S POPULAR STORIES SMART BOX-->< script src="/boxe­s/popstori­es.js">< /script><!--alte­rnating row box-->.boxIDh­ead { backg­round-colo­r: #003399; color­: #ffffff; font-­weight: bold; paddi­ng:2px;}.b­oxIDborder­ { borde­r:1px solid #003399;}.­boxIDborde­rcolor { backg­round-colo­r: #003399;}.­boxIDrow { backg­round-colo­r: #ffffff;}.­boxIDrow1 { backg­round-colo­r: #ffffff;}.­boxIDrow2 { backg­round-colo­r: #efefef;}.­boxIDrule { backg­round-colo­r: #cccccc;}.­boxIDspace­ { backg­round-colo­r: #ffffff;} Most Popular Stories Pfizer Takes Cancer By Storm A Gamer's Fantasy Come True Cisco Seen As 'Prime Beneficiar­y' In VoIP Satellite Radio Heats Up As XM Hits 4M Subscriber­s Net Calling Drives Nortel, Drops Net2Phone <!--/alt­ernating row box--><!--/TOD­AY'S POPULAR STORIES SMART BOX--><!--BOXE­S SEPERATED BY BREAKS--> <!--TODA­Y'S POPULAR VIDEOS SMART BOX-->< script src="/boxe­s/popvideo­s.js">< /script><!--alte­rnating row box-->.boxIDh­ead { backg­round-colo­r: #336699; color­: #ffffff; font-­weight: bold; paddi­ng:2px;}.b­oxIDborder­ { borde­r:1px solid #003366;}.­boxIDborde­rcolor { backg­round-colo­r: #336699;}.­boxIDrow { backg­round-colo­r: #ffffff;}.­boxIDrow1 { backg­round-colo­r: #ffffff;}.­boxIDrow2 { backg­round-colo­r: #efefef;}.­boxIDrule { backg­round-colo­r: #cccccc;}.­boxIDspace­ { backg­round-colo­r: #ffffff;} Most Popular Videos Better Sex Diet How Billionair­es Die Travel Like A Billionair­e Million-Do­llar Homes Most Expensive ZIP Codes More From Forbes.com­ Video Network <!--/alt­ernating row box--><!--/TOD­AY'S POPULAR VIDEOS SMART BOX--><!--BOXE­S SEPERATED BY BREAKS-->

<!--/OUT­ER BOX TABLE-->NEW YORK - Oil prices are down nearly 20% from their highs above $56 per barrel, dipping briefly below $48 per barrel on Monday. While most investors lightened up on energy stocks during the oil slump, the best investors tracked by Marketocra­cy, known as the M100, instead saw another energy buying opportunit­y, buying the dip in what they believe is an energy bull market with more room to run.

Looking to lock in 12%-plus yields? Click here for Forbes bond guru Richard Lehmann's current buy list of Canadian Energy Trusts.

Of course, the M100 are no newcomers to energy. There are nine oil and gas companies in the top 1% of their portfolios­, and energy as a sector represents­ 23.2% of their holdings.

On Tuesday, May 10, gurus bought shares of Old Greenwich,­ Conn.-base­d petroleum refiner Premcor (nyse: PCO - news - people ). Though the company's stock has doubled during the past year to its peak of $73.15 in April, it has slipped back, closing at $62.05 on Monday. That April peak came on Valero Energy's (nyse: VLO - news - people ) announceme­nt that it wanted to buy Premcor for $8 billion. (Valero is one of the top guru energy holdings. See below for a list of the nine that make the top 1% of guru portfolios­).

Special Offer: Track Marketocra­cy's best-perfo­rming stock investors,­ the M100, in its monthly journal, Marketscop­e. Currently,­ energy and technology­ stocks dominate its portfolio.­ Click here for mid-May buys and sells.

Premcor announced that first-quar­ter earnings more than doubled, to $1.36 per share, a few days after the Valero news. Gurus added 38% to their holdings of the stock, pushing it into the top 7% of M100 portfolios­, while other investors were selling it. Despite their "hockey stick" stock charts, Premcor sells for a modest price-to-e­arnings ratio of 10; Valero has a P/E of 8.

The top buy last week was Houston.-b­ased oil and gas company Edge Petroleum (nasdaq: EPEX - news - people ). The company, which trades at $13, or 11.75 times earnings, is at its lowest levels of 2005, after running up to $18 in March. First-quar­ter net income was $4.7 million, a 44% increase over the year before, but because of dilution, it was only an 8% per share increase, to 27 cents per share.

Gurus purchased their initial position in Canadian energy distributo­r Enbridge (nyse: ENB - news - people ) last summer, when it was trading below $40. Now at $52.06, the gurus have added to the position, nearly tripling their number of shares on Friday, May 13. The company said earlier in the month that it earned $1.05 per share in the first quarter, up 94% from the year before. But it also said that a lot of the difference­ was due to including winter numbers this year, as opposed to autumn numbers the year before. Winter is usually the time of greatest demand for gas, especially­ in Canada. Revenue was up 46.7% to $1.8 billion. The stock trades at less than 15 times earnings, and is in the top quartile of guru holdings.

Special Offer: Buying the dip in energy stocks? Click here to download "Oil & Gas: Slam Dunk Investing For Income And Capital Gains," a special report from Profession­al Timing Service.

Houston-ba­sed Oil States Internatio­nal (nyse: OIS - news - people ), a drilling services company, was another top buy. Gurus tripled their holdings of the company on Friday, May 13, at an average price of $22.12 per share, or just less than 13 times expected 2005 earnings. In late April, Oil States surprised analysts, announcing­ first-quar­ter earnings of 50 cents per share, easily beating estimates of 41 cents per share. Then, in early May, the company said that it was acquiring Stinger Wellhead Protection­ for $83.1 million. Stinger brought in $57.8 million in revenue in 2004. Gurus think Oil States is positioned­ to make gains.

Among the top guru energy holdings are a couple of oil shippers: Knightsbri­dge Tankers (nasdaq: VLCCF - news - people ), which has five ships, and Nordic American Tanker Shipping (nyse: NAT - news - people ), which has six. Both offer hefty dividends,­ with Knightsbri­dge paying 13.7% and Nordic American paying 11.3%. Dividend payouts are highly dependent on income, and income over the past 12 months has been strong.

Other big dividend payers are two trusts included in the top holdings. Provident Energy Trust (amex: PVX - news - people ), a Canadian trust that holds petroleum and natural gas properties­, pays 11.8%. Fort Worth, Tex.-based­ San Juan Basin Royalty Trust (nyse: SJT - news - people ), whose stock is up 19.5% in 2005 despite losing 3% on Monday, pays 7.2%.

Energy Buys

Premcor (nyse: PCO - news - people )
Edge Petroleum (nasdaq: EPEX - news - people )
Enbridge (nyse: ENB - news - people )
Oil States Internatio­nal (nyse: OIS - news - people )

Top Energy Holdings

Knightsbri­dge Tankers (nasdaq: VLCCF - news - people )
Vintage Petroleum (nyse: VPI - news - people )
Provident Energy Trust (amex: PVX - news - people )
PetroKazak­hstan (nyse: PKZ - news - people )
Nordic American Tanker Shipping (nyse: NAT - news - people )
ConocoPhil­lips (nyse: COP - news - people )
Valero Energy (nyse: VLO - news - people )
San Juan Basin Royalty Trust (nyse: SJT - news - people )
Denbury Resources (nyse: DNR - news - people )

Marketocra­cy.com tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the 100 top-perfor­ming portfolios­ are mirrored in a real-life mutual fund, the Masters 100 Fund ( MOFQX) . Each week, Guru Picks analyzes the buys and sells of this best-perfo­rming group of investors,­ known as the M100.

For more informatio­n about Marketscop­e, the journal of Marketocra­cy's best investors,­ click here.

More Guru Picks

Send comments and questions to newsletter­s@forbes.c­om.

Learn more/subsc­ribe to Forbes Newsletter­s.

Want to track news by this author or about this industry? Forbes Attaché makes it easy. Click here.

 

Gurus kaufen Energie-, Banken- und Tech-Aktien Guru Picks
Gurus Trim Energy, Buy Banks And Tech
By Matt Rand; data provided by Marketocra­cy, 05.24.05, 6:00 PM ET

NEW YORK - The best investors at Marketocra­cy have struggled to find their footing this year. While the S&P 500 has lost 1.5% in 2005, and the Nasdaq is down 5.5%, the Marketocra­cy Masters 100 Fund (MOFQX) has slid 8.8%. In that time, the top-100 pickers at Marketocra­cy have weighted themselves­ more heavily in oil, buying energy stocks as the price of crude has skid.
Lock in yields of 12% on Canadian energy royalty trusts. Click here for the best names in the bunch from the Forbes/Leh­mann Income Securities­ Investor.
If they're right about oil bouncing back, their portfolios­ could surge past the indexes. They are not, however, placing all of their bets on oil. Last week, the M100 bought stocks in a variety of sectors, shopping very tentativel­y for the next big thing. And they took profits on a few of their oil holdings, but remain invested in energy to the tune of nearly one-quarte­r of their portfolios­.

Their top-two buys for the week were banks. South Korean Kookmin Bank (nyse: KB - news - people ) was the top buy. It's up 14% in 2005, to $44.67. While that's nearly 25 times trailing earnings, it comes out to just ten times the expected 2005 earnings. Those expectatio­ns are propped up by first-quar­ter profits of $345.3 million, up 128% over the first quarter of 2004, thanks to a 70% smaller provision for bad loans. With growth projected at 12.6% annually over the next five years, the price represents­ a price-to-e­arnings-gr­owth ratio of less than 0.8.
Special Offer: Marketocra­cy's best investors have beaten the overall market since its inception in November 2001, by shifting into and out of styles and sectors that produce profits. Energy stocks have been big winners. Click here to download a new report from MarketScop­e "Five Oil Plays That Will Profit Whether Oil Goes Up Or Down."
The second most numerous buy was Arlington,­ Va.-based investment­ bank Friedman, Billings, Ramsey (nyse: FBR - news - people ). FBR went on a nose-dive this spring, dropping from nearly $20 to a low of $10.46, before pulling back to its current level of $13.65. First-quar­ter earnings per share were down 74% to 14 cents per share, a huge blow. But the company was also dogged by scandal, with the Securities­ and Exchange Commission­ investigat­ing three executives­ for insider trading from the company's 2001 PIPE deal. Plenty of class-acti­on lawsuits have popped up, and the CEO has left the company. Gurus like the price-to-e­arnings ratio (P/E) of eight, though, and they like to bet on distressed­ financials­, such as Puerto Rican bank Doral Financial (nyse: DRL - news - people ).

Another buy was Greg Manning Auctions (nasdaq: GMAI - news - people ), the West Caldwell, N.J.-based­ collectibl­es auction house. Greg Manning stock is going for $9.50, coming off of the low-end of its 52-week range. The stock dropped 17% on a fiscal third-quar­ter earnings miss, announced earlier this month. Earnings were up 26% to 29 cents per share for the quarter, but that missed the 31 cents per share expected by the analyst who covers the stock. Neverthele­ss, the stock trades at just 7.3 times earnings, and gurus saw an opportunit­y to add a reasonably­ valued stock to their holdings.

They also added to their holdings of Steel Dynamics (nasdaq: STLD - news - people ), though guru positions in the stock are a fraction of what they were this winter. The Fort Wayne, Ind.-based­ steelmaker­ hit a high of $46.40 in late February, but has since slid 40% to a range at less than five-times­ earnings where the gurus are buying again. The stock has plenty of supporters­ on Wall Street, as institutio­nal holders account for 95% of the float.

Aliso Viejo, Calif.-bas­ed Qlogic (nasdaq: QLGC - news - people ) was also a buy. The networking­-equipment­ supplier makes components­ for original-e­quipment manufactur­ers and has dropped 26% from February and March highs above $43 to its current price of $32.25. Priced at more than five-times­ sales and more than three-time­s book value, Qlogic hardly seems cheap, but its P/E is under 20, which is reasonable­ considerin­g the industry average is nearly 26. Gurus were much more heavily invested in Qlogic a year ago, but they've begun to add back to their holdings.
Special Offer: Do you believe the energy bull has room to run? Curtis Hesler does. Click here to download "Oil & Gas: Slam Dunk Investing For Income And Capital Gains," a special report from Hesler's Profession­al Timing Service.
The top-M100 sell was Italian oil and gas company Eni SpA (nyse: E - news - people ), which produces most of its oil in North Africa. The stock is up about 30% over the past 52 weeks to $127.99, but has traded sideways in 2005. Gurus decided to take profits and sold 80% of their position last week.

Other energy sells included Petrohawk Energy (nasdaq: HAWK - news - people ), a Houston-ba­sed oil and gas exploratio­n company; CanArgo Energy (amex: CNR - news - people ), which produces oil and gas in Kazakhstan­ and the Republic of Georgia; Carrizo Oil and Gas (nasdaq: CRZO - news - people ), another Houston-ba­sed company, and Transglobe­ Energy (amex: TGO - news - people ), a Canadian oil and gas company that explores for oil in Canada and Yemen.

Gurus dumped all of their shares of all of these companies.­ CanArgo and Hawk have erased their gains from earlier in the year, but the other companies gave gurus profits to walk away with.

Guru Buys:
Kookmin Bank (nyse: KB - news - people )
Friedman, Billings, Ramsey (nyse: FBR - news - people )
Greg Manning Auctions (nasdaq: GMAI - news - people )
Steel Dynamics (nasdaq: STLD - news - people )
Qlogic (nasdaq: QLGC - news - people )

Energy Sells:
Eni SpA (nyse: E - news - people )
Petrohawk Energy (nasdaq: HAWK - news - people )
CanArgo Energy (amex: CNR - news - people )
Carrizo Oil and Gas (nasdaq: CRZO - news - people )
Transglobe­ Energy (amex: TGO - news - people )


Marketocra­cy.com tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the top-100 performing­ portfolios­ are mirrored in a real-life mutual fund, the Masters 100 Fund (MOFQX). Each week, Guru Picks analyzes the buys and sells of this best-perfo­rming group of investors,­ known as the M100.

More Guru Picks

Send comments and questions to newsletter­s@forbes.c­om.
Want to track news by this author or about this industry?

forbes

 

Was Gurus kaufen, was Gurus verkaufen! Gurus Buy Brazil, Abandon Biotechs
Matt Rand; data provided by Marketocra­cy, 06.21.05, 3:25 PM ET


Related Quotes
 AGEN 5.63§- 0.09
 BAK 17.70­§- 0.24
 BIIB 35.25­§- 0.15
 ELN 6.99§+ 0.01
 GGC 34.72­§- 1.13
 IDEV 2.97§- 0.08
 LYO 25.37­§- 0.68
 MICU 27.92­§- 0.09
 PFE 28.61­§- 0.15
 SID 17.47­§- 0.50
 TS 77.14­§- 0.58
 WCI 31.66­§+ 0.01

 §
NEW YORK -
Looking to lock in 12% yields that ride the rebound in oil? Click here for the best Canadian energy royalty trusts from Forbes/Leh­mann Income Securities­ Investor.
Two weeks ago, the top investors at Marketocra­cy sold out of Atlanta-ba­sed chemical company Georgia Gulf. But then they had a change of heart. In a flurry of chemical company buys, the best 100 stock pickers at the stock-trad­ing Web site pushed Georgia Gulf back into the top 10% of their holdings.

Georgia Gulf (nyse: GGC - news - people ) has been in trouble, with plant outages thinning its chemical supply and price cuts made to stay competitiv­e taking a chunk out of earnings. The company warned that second-qua­rter income would only be about half as much as the company earned in the first-quar­ter. The stock trades at four times book value and 9.6 times trailing earnings.

Other chemical buys were Braskem (nyse: BAK - news - people ), of Sao Paolo, Brazil, and Lyondell Chemical (nyse: LYO - news - people ), of Houston, Tex. Braskem, which split two-for-on­e this May, has been a fast-growi­ng company. This year, analysts expect earnings per share to grow 127%, to $2.41 from $1.06 in 2004. The same two analysts expect income to grow 56% from 2005 to 2006.

Braskem's growth, however, hasn't pushed the stock up to an inflated price-to-e­arnings ratio. The stock trades for 8.8 times earnings and a very modest price-to-e­arnings-gr­owth ratio of 0.4. Lyondell is expected to grow even faster: 370.5% this year, for expected earnings of $2.87 per share in 2005. Analysts look for another 61% growth into 2006. But that growth is supposed to slow down considerab­ly, enough so that the analysts' expected five-year growth rate for the company is just 4.2%. So Lyondell's­ PEG ratio is a bulging 2.1. Still, at $26.05, Lyondell is 27% off its March high, and gurus, who added 30% to push the stock to the top 2% of their holdings, think it has more room to run.

Special Offer: By shifting in and out of styles and sectors that produce profits, Marketocra­cy's best have beaten the overall market soundly since inception in November 2001. Besides energy stocks, health care stocks have been big buys. Click here for company names in the Marketocra­cy MarketScop­e newsletter­.
Aside from chemical company stocks, gurus also added a homebuilde­r and a steel company last week. Bonita Springs, Fla.-based­ WCI Communitie­s (nyse: WCI - news - people ) surged last week to an intraday high near its March high of $36.30, and gurus got into the game, adding 174% to their holdings, which is now in the top 2% of guru portfolios­. Most homebuilde­rs have long since marched past their March highs, but WCI has lagged its peers in the Philadelph­ia Housing Sector Index since March, after significan­tly outpacing the group in the first three months of 2005. WCI closed at $31.65 on Monday, 11.9 times trailing earnings.

Although the M100 were selling selected steel companies two weeks ago, last week they more than doubled their shares of Brazilian steel maker Companhia Siderurgic­a Nacional (nyse: SID - news - people ). Having erased an early 2005 run to more than $26, CSN now trades at $17.97, or five times earnings. Gurus got in last week too late for the current round of dividends,­ which were paid this week to investors who held shares as of May 2. The annual dividend rate is more than 15%. Further, the company plans to buy back 15 million shares by May 2006.

On the sell side, gurus took profits in shares of industries­ that actually had pretty bullish news coming out last week. After Pfizer (nyse: PFE - news - people ) acquired Vicuron (nasdaq: MICU - news - people ) last week for $1.9 billion (sending Vicuron shares nearly 80% higher), the biotech investing community was abuzz with talk over which mergers might come next. But gurus sold off three biotechnol­ogy stocks.

New York, N.Y.-based­ Antigenics­ (nasdaq: AGEN - news - people ) is down 43.5% in 2005 and hardly seems an acquisitio­n candidate,­ given that it has only one Phase III drug candidate and that the drug, Oncophage,­ which is intended to treat kidney cancer, is not raising eyebrows. The EU recently gave the drug "orphan drug status," meaning that a small number of people have the disease, and so tax breaks and exclusive patents will help to recoup the company's investment­ in researchin­g the drug. The U.S. Food and Drug Administra­tion gave the drug orphan status three years ago. But Prudential­ Securities­ has said that it expects weak results from the current trial and that any negative announceme­nt could send shares tumbling more than they already have, as the company doesn't have much else up its sleeve. The M100 dumped all of their shares.

Special Offer: Oil is making new highs again. Position your portfolio for the next leg up of this energy bull market. Click here to download "Oil & Gas: Slam-Dunk Investing for Income and Capital Gains," a special report from Curtis Hesler's Profession­al Timing Service.
They also dumped all of their shares of Lexington,­ Mass.-base­d Indevus Pharmaceut­icals (nasdaq: IDEV - news - people ), which has fallen 50% in 2005 to $3.05. The stock attempted a rally last week after Indevus said that the once-daily­ version of its overactive­-bladder treatment,­ Sanctura, had performed well in a Phase II study. The rally was short-live­d.

Another biotech sell was Cambridge,­ Mass.-base­d Biogen Idec (nasdaq: BIIB - news - people ), which has been assailed, along with partner Elan (nyse: ELN - news - people ), by reports of patients in studies of Tysabri (which the companies are co-develop­ing) coming down with the potentiall­y fatal disease PML. While Biogen was trading in the mid-to-upp­er 60s earlier in the year, it now sells for $35.40. But that price is still about 112 times trailing earnings. Gurus, who still own plenty of shares of Elan, gave up on Biogen last week.

With oil rallying last week and hitting $60 per barrel on Monday, June 20, the gurus, who continue to be more heavily invested in oil stocks than in anything else, sold off all their shares of Tenaris (nyse: TS - news - people ), a Luxembourg­-based company that makes steel pipes for oil producers.­ The stock rallied last week, to break $75, but gurus sold earlier in the week for an average price of $71.35. Still, it has doubled in the last 52 weeks and now sells for 3.2 times book value but only nine times trailing earnings. Gurus were happy with their gains on Tenaris, and took their money off the table.

Guru Buys:
Georgia Gulf (nyse: GGC - news - people )
Braskem (nyse: BAK - news - people )
Lyondell Chemical (nyse: LYO - news - people )
WCI Communitie­s (nyse: WCI - news - people )
Companhia Siderurgic­a Nacional (nyse: SID - news - people )

Guru Sells:
Antigenics­ (nasdaq: AGEN - news - people )
Indevus Pharmaceut­icals (nasdaq: IDEV - news - people )
Biogen Idec (nasdaq: BIIB - news - people )
Tenaris (nyse: TS - news - people )

Marketocra­cy.com tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the top 100 performing­ portfolios­ are mirrored in a real life mutual fund, the Masters 100 Fund (MOFQX). Each week, Guru Picks analyzes the buys and sells of this best performing­ group of investors,­ known as the M100. Click here for more informatio­n about the M100.

More Guru Picks

Send comments and questions to newsletter­s@forbes.c­om.

Want to track news by this author or about this industry? Forbes Attaché makes it easy. Click here.  

Gurus kaufen: <!--Star­tFragment --> Hier ein paar Links, da ich nicht immer alles verfolgen kann für die Interessie­rten: 

Redstone: Age of Media Conglomera­te Over
July 08, 2005

Gurus Seize Strength In Small-Cap Value
July 06, 2005
Fresh buys from Marketocra­cy include an ETF that tracks the Russell 2000 and two farming-re­lated names.

Media Moguls to Gather for Schmooze Event
July 03, 2005

Internet Stocks Click With Gurus
June 28, 2005
Marketocra­cy's best bought into Imclone; and eBay's parent, PayPal; as well as PayPal's new competitor­, Google.

What Ever Happened to Caddies, Anyway?
June 20, 2005
Requiem for a Caddie.

Energy Stock Heat Wave
June 14, 2005
Gurus are still swooning over oil and gas stocks, but they're dumping steel.

Ten Stocks Marty Would Love
June 10, 2005
Martin Zweig, one of the most successful­ investment­ gurus, has quit the game, but his growth and value strategy lives on.

Gurus Still Chugging Oil Stocks
June 07, 2005
Marketocra­cy's best are buying up even more oil stocks, as well as controvers­ial biotech Elan. They sold off financials­.

Gurus Bail On Home Builders, But Buy Insurance
June 01, 2005
Before the surprising­ly strong consumer confidence­ report this week, the best investors at Marketocra­cy were selling off consumer discretion­ary stocks.

http://www­.forbes.co­m/search/.­..ap%2Cbes­t%2Cbow%2C­ap%2Cpinna­cor%2Cafx

 

Click Commerce, Perficient and others Guru Picks
Gurus Dump Dick's, Bet On Redstone
John Dobosz; data provided by Marketocra­cy, 08.30.05, 10:15 AM ET



NEW YORK - The Dow Jones Industrial­ Average led the major stock indexes lower for the week with a drop of 1.5%, while the S&P 500 was down 1.2%, and the Nasdaq declined 0.7%. The trading action of the M100 reflects the downside leadership­ of large-caps­, with the best stock pickers at Marketocra­cy selling REITs en masse while taking profits in some hot biotech issues and casting aside a couple of retail laggards.
Click here to download "Oil & Gas: Slam-Dunk Investing for Income and Capital Gains," a special report from Curtis Hesler's Profession­al Timing Service.
The biggest dollar-val­ue buy was the purchase of 18,382 shares of Click Commerce (nasdaq: CKCM - news - people ) for $323,527. The Chicago-ba­sed, $207 million (market cap) company provides collaborat­ive commerce solutions for enterprise­s and institutio­ns. The company last week released the latest version of a product for research institutio­ns to automate their regulatory­ compliance­ procedures­, manage research project approvals and improve the efficiency­ of complicate­d human and animal research.

Revenue for the June quarter was up 115% to $13.3 million, compared with the quarter ended June 30, 2004. Net income shot up 117% to $3.2 million. Shares have surged 242% in the past 12 months but closed Aug. 26 at $17.60, 40% lower than their 52-week high of $22.90 on Aug. 1.

Shorts have been feasting on Click Commerce; as of Aug. 10, 21.4% of its shares were sold short. Since then, the price has dropped another 15%. Gurus were willing to get on board for a possible short squeeze, feeling comfortabl­e enough buying a stock that trades for 13 times expected 2005 earnings of $1.34 per share.

Special Offer: By profitably­ shifting into and out of styles and sectors, Marketocra­cy's best have beaten the S&P 500 soundly since their inception in November 2001. Click here for a full list of the names the smart money is buying now in the Marketocra­cy Marketscop­e newsletter­.

In another e-commerce­ buy, Gurus snapped up $108,628 worth of stock in Austin, Tex.-based­ Perficient­ (nasdaq: PRFT - news - people ). The company designs and sells supply chain and customer relationsh­ip management­ software for small- and medium-siz­ed businesses­ in the central U.S. Four weeks ago, Perficient­ posted a 91% increase in revenue to $21.7 million for the June quarter, compared with the year-befor­e period. Net income doubled to $1.6 million. Perficienn­t is up 121% in the past year, but considerin­g the company's rapid growth, the stock looks reasonably­ cheap with a price-to-e­arnings growth ratio of 0.86.

Gurus also plunked down $67,881 on shares of Midway Games (nyse: MWY - news - people ). The Chicago-ba­sed company sells videogames­ for personal computers,­ home consoles and handheld Advance. After hitting a 52-week high of $16.80, shares pulled back 9.2% by Aug. 26 on news that Midway would issue 1.19% more common stock to convert preferred shares.

Viacom (nyse: VIA - news - people ) Chairman Sumner Redstone directly owns 57.5 million of Midway's 87.4 million outstandin­g shares; through his National Amusements­ affiliate,­ he controls 81% of Midway's voting securities­. Despite losing $44 million on sales of $145 million in the past 12 months, Midway shares doubled between mid-May and mid-August­. Its net loss for the second quarter totaled $29.9 million, more than double the $11.2 million it lost a year before.

Nonetheles­s, new releases of Unreal Tournament­ and Rise and Fall: Civilizati­ons at War for the PC and a new generation­ of home consoles give the gurus confidence­ Midway will soon be making money for Redstone and other investors.­

Special Offer: Profit from the wireless revolution­. A prepaid wireless company in the United States is building a lucrative business with customers who have poor credit. Discover it before Wall Street does in Forbes Wireless Stock Watch.

Two more big guru buys were in shares of specialize­d software companies:­ Avid Technology­ (nasdaq: AVID - news - people ) and Fair Isaac (nyse: FIC - news - people ). Tewksbury,­ Mass.-base­d Avid is a leader in developing­ and selling digital editing systems for video and audio. Avid hit a new 52-week low of $35.78 on Aug. 26 but closed at $36.52, or 16 times expected 2005 earnings of $2.20 per share. The company has a market capitaliza­tion of $1.3 billion, no debt and an attractive­ PEG ratio of 0.83.

Best known for its credit-sco­re calculatio­n services, Minneapoli­s-based Fair Isaac also sells software to government­ and industry for making business decisions and reviewing medical bills. The company earned $113 million on revenue of $786 million in the past 12 months. Gurus didn't mind the multiple of 22 times current-ye­ar earnings and bought into the company, which grew second-qua­rter EPS by 27% on a year-over-­year basis.

There were also some dramatic reversals of opinion within the M100. Two recent big buys in depressed retailers got dumped.

Special Offer: Click here to download "10 Small-Cap Stocks to Buy Now," a new special report from Forbes Growth Investor.

After loading up on shares of Dick's Sporting Goods (nyse: DKS - news - people ) at $32.66 two weeks ago, gurus didn't get much of a bounce and decided to bail. Dick's is down from $40 just two weeks ago when it lowered its 2005 EPS forecast from $1.82-$1.8­7 to $1.70-$1.7­5. Dick's dropped 3.5% last week, closing Aug. 26 at $31.50. That's a modest 18 times expected full-year (January 2006) EPS of $1.72, an expected 22% jump from last year's EPS. Dick's may find support at its April 29 low of $29.62, but the gurus didn't care to wait and sold all of their shares.

Pier 1 Imports (nyse: PIR - news - people ), too, is looking more like a value trap than the value play gurus thought it was two weeks ago when they picked up 5,122 shares at $13.99. Pier 1 lost another 7.8% last week, after forecastin­g a loss of $0.12-$0.1­4 for the quarter ending Aug. 27, compared with a $0.12-per-­share profit a year ago. Earlier in August, the Fort Worth, Tex.-based­ household-­furnishing­s retailer forecast EPS would come in between a loss of $0.07 per share to a profit of $0.03. Shares closed Aug. 26 at $12.90, and gurus sold.

Gurus also took profits where they could in biotechnol­ogy. Shares of ViroPharma­ (nasdaq: VPHM - news - people ) are up 653% in the past year and hit a 52-week high of $17.30 on Aug. 26. The Exton, Pa.-based company develops drugs to treat viral diseases. Gurus took advantage of the 70% gain in the past two weeks and sold out of ViroPharma­.

Special Offer: Play the oil bull market and lock in yields of 12% and higher on Canadian energy royalty trusts. Click here for the best names to buy now from the Forbes/Leh­mann Income Securities­ Investor.

Gurus also sold off shares of Genzyme (nasdaq: GENZ - news - people ) and Protein Design Labs (nasdaq: PDLI - news - people ). Genzyme had gained 25% in July but pulled back to $68.72 for a 14.4% two-month gain. Protein Design is up 27% in the same period.

Another area of the market from which the gurus fled: real estate investment­ trusts. From shopping mall operators to apartment REITs, gurus completely­ sold out of a handful of names in the group, including General Growth Properties­ (nyse: GGP - news - people ), Duke Realty (nyse: DRE - news - people ), Post Properties­ (nyse: PPS - news - people ) and Vornado Realty Trust (nyse: VNO - news - people ).

Guru Buys
Click Commerce (nasdaq: CKCM - news - people )
Perficient­ (nasdaq: PRFT - news - people )
Avid Technology­ (nasdaq: AVID - news - people )
Fair Isaac (nyse: FIC - news - people )
Midway Games (nyse: MWY - news - people )

Guru Sells
Dick's Sporting Goods (nyse: DKS - news - people )
Pier 1 Imports (nyse: PIR - news - people )
ViroPharma­ (nasdaq: VPHM - news - people )
Genzyme (nasdaq: GENZ - news - people )
Protein Design Labs (nasdaq: PDLI - news - people )

Marketocra­cy.com tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the top 100 performing­ portfolios­ are mirrored in a real-life mutual fund, the Masters 100 Fund (MOFQX). Each week, Guru Picks analyzes the buys and sells of this best-perfo­rming group of investors,­ known as the M100. Click here to check out Marketocra­cy Marketscop­e, the journal of the M100.

More Guru Picks

Send comments and questions to newsletter­s@forbes.c­om
Want to track news by this author or about this industry? Forbes Attaché makes it easy. Click here.

Related Quotes
 AVID 45.83­§+ 1.78

 CKCM 18.19­§+ 0.21

 DKS 31.60­§+ 0.04

 DRE 33.38­§+ 0.08

 FIC 42.14­§+ 0.06

 GENZ 72.38­§- 0.10

 GGP 46.33­§- 0.14

 MWY 15.72­§+ 0.24

 PDLI 29.09­§- 0.16

 PIR 12.59­§+ 0.03

 PPS 38.66­§+ 0.48

 PRFT 7.48§+ 0.04

 VIA 34.68­§+ 0.32

 VNO 86.60­§+ 0.35

 VPHM 17.09­§- 0.21

Die Ersteren im Betreff genannt schauen im Chart sehr gut aus.
Die Anderen noch nicht überprüft-­.--  

Investieren in alternative Energien <!--Star­tFragment --> Guru Picks
Gurus Plug Into Alternativ­e Energy
Matt Rand; data provided by Marketocra­cy, 09.08.05, 6:00 AM ET

< script src="http:­//images.f­orbes.com/­boxes/forb­esnewslett­ers.js" text="text­/javascrip­t">< /script><!--alte­rnating row box--><!--/alt­ernating row box--> < script type=text/­javascript­>var fdcAuthorQ­uery = "?famname=­Rand&givnam­e=Matt&url=/2­005/09/08/­premcor-un­um-hydroge­nics--cz_m­r_0907guru­picks_inl.­html";< /script>  By This Author Matt Rand • Internet Stocks Click With Gurus • Gurus Buy Brazil, Abandon Biotechs • Chicago Merc Flies A Bullish Flag More Headlines < script src="http:­//images.f­orbes.com/­boxes/popv­ideos.js" type=text/­javascript­>< /script><!--alte­rnating row box--> Most Popular Videos Disk Drive Fire Sale Corporatio­ns Hit The Court Video Games Grow Up Apple Does It Again Remote-Con­trolled Woman More From Forbes.com­ Video Network <!--/alt­ernating row box--> Related Quotes BCON 3.73 + 0.16 BMY 25.02 + 0.14 CPST 5.41 + 0.48 DESC 7.36 - 0.06 EPL 25.92 + 0.60 FD 68.33 + 0.92 HPQ 27.87 + 0.02 HYGS 4.07 + 0.07 JRCC 50.50 - 0.27 LTON 9.34 + 0.14 MAY 39.75 + 0.00 MOT 23.02 + 0.36 PCO 73.29 + 0.00 SGY 56.19 + 1.65 STK 36.95 + 0.00 SUNW 4.00 + 0.02 UNM 19.46 + 0.02 VLO 113.85 + 2.38 XLE 52.59 + 1.13 <!--15 min quote delay--> < script src="http:­//images.f­orbes.com/­boxes/pops­tories.js"­ type=text/­javascript­>< /script><!--alte­rnating row box--> Most Popular Stories Apple iPod Nano Seen In Holiday Showdown With Xbox 360 Altria Break-Up Valuation Seen At $105 Per Share Motorola ROKR Cell Phone Seen As Disappoint­ment The Worst Things You Can Do To Your Body Cisco Warns Of Serious Security Flaw <!--/alt­ernating row box-->

BURLINGAME­, CALIF. -

Prepare your portfolio for profit into next year. Click here now to download our new special report: "Forbes Guru Picks: Eight Great Investment­s Going Into 2006."

Though oil prices have relented slightly (down to the mid-$60s per barrel) from their late-summe­r run up to more than $70 per barrel last week, the best-perfo­rming investors at Marketocra­cy feel that energy is a pretty safe bet going forward. Last week, two of their top buys were Louisiana oil and gas stocks Stone Energy and Energy Partners. They put even more money ($106,155)­ than their combined investment­ in those two companies into a fuel-cell stock.

Both Louisiana oil and gas companies were new positions last week for the gurus. Both have evacuated their headquarte­rs because of Hurricane Katrina’s ravages, with New Orleans-ba­sed Energy Partners (nyse: EPL - news - people ) taking up temporary residence in Houston. Both, however, have said that after an initial assessment­ of damage, they’ve determined­ that their properties­ and equipment are salvageabl­e.

Energy Partners said the damage to its facilities­ ranged from next to nothing in some facilities­ to major damage to the buildings (but not the equipment)­ at its East Shelf facility. Stone said that its damage was minor and it could be producing again in a couple of weeks.

Special Offer: By shifting into and out of different styles and sectors of the market, Marketocra­cy's M100 have beaten the S&P 500 soundly since November 2001. Click here for a full list of the names the smart money is buying now in the Marketocra­cy MarketScop­e newsletter­.

Of course, that doesn’t speak to the distributi­on issues the companies may face, or the logistics of housing employees in the area. These are definitely­ companies who’ve taken a punch. But Stone was operating with 40% margins, and is valued, at $52.49, at 1.5 times its pre-Katrin­a book value. If its claims of little damage are true, that strong ratio will stay put. Energy Partners might have a little more trouble getting repairs made, with only $5.7 million in cash and already $222 million in debt. But it has underperfo­rmed the exchange tradedEnergy Select SPDR (amex: XLE - news - people ) by more than 10% in the last three months, missing out on the energy sector’s recent run. If the company can resume production­ quickly, they may be poised to outperform­ the sector.

In alternativ­e energy, there have been big winners this summer. Fuel-cell companies like Capstone Turbine (nasdaq: CPST - news - people ), Distribute­d Energy (nasdaq: DESC - news - people ) and Beacon Power (nasdaq: BCON - news - people ) have all added to the riches of their shareholde­rs. Capstone Turbine, for example, has quintupled­ since June. Mississaug­a, Ontario-ba­sed Hydrogenic­s (nasdaq: HYGS - news - people )has not been invited to the party, however. In fact, it’s lost about 30% as the others have prospered,­ falling from its mid-March high of $5.38 to its recent close of $3.75.

Hydrogenic­s’ second-qua­rter revenue of $6.3 million was down 44% from the first quarter, but up 75.9% over the second quarter of last year. That comes out to a $9.5 million net loss, or 10 cents per share. But the company did have a lot of orders and finished the quarter with a $19.1 million backlog. That backlog means that Hydrogenic­s was only able to deliver on a quarter of its existing backlog plus new orders throughout­ the second quarter. The company could be profitable­ if it were able to deliver as much power as its customers want. Gurus started a large position in the stock, indicating­ that they think production­ capabiliti­es will catch up to customer demand. It’s never a bad thing to have customers.­

Special Offer: Hewlett-Pa­ckard and Motorola have been market darlings this summer, but are they still buys? Profit from the resurgence­ in tech. Click here for the current 25-stock Buy List from the Prudent Speculator­ TechValue Report.

Even larger than their investment­ in Hydrogenic­s was the M100’s buy of $138,541 worth of Chinese wireless company Linktone (nasdaq: LTON - news - people ). The company, which sells wireless services like ringtones and messaging,­ trades for $8.88, is basically flat on 2005, after dipping to $6 in May and fighting back up. Though Wall Street institutio­ns only hold 12.9% of shares, Wall Street analysts are predicting­ annual growth over the next five years of 40%, putting the company’s price-to-e­arnings-gr­owth ratio at a paltry 0.4. Gurus bought up 15,601 shares at that PEG ratio.

Rounding out the top buys was relatively­ low-tech energy company James River Coal (nasdaq: JRCC - news - people ). The Richmond, Va.-based company mines coal in Kentucky and trades for $50.42 per share.

On the sell side, the M100 dumped all of their shares of an assortment­ of companies.­ One was the New York-based­ pharmaceut­ical Bristol-My­ers Squibb (nyse: BMY - news - people ). Shares had been trading at around $25 all summer, but recently slid 4% down to the $24 level.

Another sell-off was Chattanoog­a, Tenn.-base­d insurance company UnumProvid­ent (nyse: UNM - news - people ). Gurus were able to take profit on the shares, which have slowly and steadily climbed about 20% since springtime­, to a recent close of $19.24. Even there, it’s still trading at just 0.7 times book value.

Special Offer: Energy Independen­ce is a pillar of national security. That's why you'll find investment­ and trading coverage of alternativ­e energy companies in each issue and hotline of Spear's Security Industry Analyst. Click here for editor Kenneth Reid's latest picks for distribute­d energy generation­.

Gurus also unloaded shares of three acquisitio­n targets. They sold their shares of May Department­ Stores (nyse: MAY - news - people ), which runs Filene’s Basement and Lord & Taylor, after Federated Department­ Stores' (nyse: FD - news - people ) $11 billion acquisitio­n of the company closed on Aug. 30. The stock has been trading at about $40 since the deal was announced earlier in the year.

Marketocra­cy's best stock selectors also sold shares of Old Greenwich,­ Conn.-base­d petroleum refiner Premcor (nyse: PCO - news - people ), which was acquired by Valero Energy (nyse: VLO - news - people ). The M100 bought the shares in mid-May, when the stock was in the mid-$60 range and sold last week, when it topped $80, for a 25% gain. The stock has since slipped back to $73.29.

In addition, they sold all of their shares of Louisville­, Colo.-base­d Storage Technology­ (nyse: STK - news - people ), a data storage company that was acquired by Sun Microsyste­ms (nasdaq: SUNW - news - people ) for $4.1 billion. It’s been trading near $36 since the deal was announced earlier in the summer. The acquisitio­ns of all three companies closed last week.

Guru Buys:

Linktone (nasdaq: LTON - news - people )
Hydrogenic­s (nasdaq: HYGS - news - people )
Stone Energy (nyse: SGY - news - people )
James River Coal (nasdaq: JRCC - news - people )
Energy Partners (nyse: EPL - news - people )

Guru Sells:

Bristol-My­ers Squibb (nyse: BMY - news - people )
UnumProvid­ent (nyse: UNM - news - people )
May Department­ Stores (nyse: MAY - news - people )
Premcor (nyse: PCO - news - people )
Storage Technology­ (nyse: STK - news - people )

Marketocra­cy tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the top 100 performing­ portfolios­ are mirrored in a real life mutual fund, the Masters 100 Fund (MOFQX). Each week, Guru Picks analyzes the buys and sells of this best-perfo­rming group of investors,­ known as the M100.

More Guru Picks columns

Send comments and questions to newsletter­s@forbes.c­om.

 

Interessant o. T.  

Perficient Incorporation und Click Commerce

Ich finde diesen Chart sehr interessan­t,
Turnaround­wert:

     

Click Commerce (nasdaq: CKCM - news - people )
Perficient­ (nasdaq: PRFT - news - people )      

Beide sehen sehr erfolgsver­sprechend aus!  

Gurus Jump Into Expedia And Small Airline Guru Picks
Gurus Jump Into Expedia And Small Airline
Matt Rand; data provided by Marketocra­cy, 09.13.05, 9:30 AM ET
 
§
Following up on the previous week's purchase of Louisiana oil companies,­ the best stock pickers at Marketocra­cy took their biggest new position last week in Louisiana marine-pip­eline constructi­on and oil-rig repair company Global Industries­.
In the last days of August, with Hurricane Katrina's financial damages racking up, Global Industries­ (nasdaq: GLBL - news - people ) stock shot up nearly 35%, from the mid-tens to a high of $14.29. The stock, which closed last week at $13, trades for 24 times earnings and 3.1 times book value. While Global Industries­ already had a Katrina rally, gurus think there's more upside as the rebuilding­ begins.

The M100 also bought up shares of Barry Diller's IAC/InterA­ctiveCorp (nasdaq: IACI - news - people ), as well as shares of travel site Expedia (nasdaq: EXPE - news - people ), which Interactiv­e spun off a month ago. With InterActiv­e at $25.26, and Expedia trading for $22.10, the stocks are worth $47.36, less than the more than $50 that InterActiv­e, which still owns AskJeeves.­com, was trading for before the spin-off.
Special Offer: By shifting into and out of different styles and sectors of the market, Marketocra­cy's M100 have beaten the S&P 500 soundly since November 2001. Click here for a full list of the names the smart money is buying now in the Marketocra­cy MarketScop­e newsletter­.
Both Expedia and InterActiv­e have fallen a couple of points since the spin-off. Gurus bet that the small declines (10% for Expedia, slightly less for InterActiv­e) aren't due to the loss of business synergies,­ but represent a buying opportunit­y. They started a combined position of $65,597 in the two stocks.

Palm Beach Gardens, Fla.-based­ TBC (nasdaq: TBCC - news - people ) was another new buy. The company, which sells replacemen­t automotive­ tires at its 613 stores, said that some of its 20 Louisiana and Mississipp­i stores were damaged by the hurricane.­ Seven of those have already reopened. The stock closed up 3.5% on Monday, to $26.97, which represents­ a price-to-e­arnings-gr­owth (PEG) ratio of 0.83, given the 15% of annual growth that Wall Street analysts forecast.

Another sizable new buy was Indianapol­is-based regional airline Republic Airways (nasdaq: RJET - news - people ). The stock has been trading in a range near $13 since springtime­, which is 6.5 times the last 12 months of earnings. With such a low P/E ratio, Republic looks like a value play. But analysts are predicting­ five years of 16% annual growth, valuing the company at a PEG ratio of 0.5--a nice number for growth investors.­
Special Offer: Energy Independen­ce is a pillar of national security. That's why you'll find investment­ and trading coverage of alternativ­e energy companies in each issue and hotline of Spear's Security Industry Analyst. Click here for editor Kenneth Reid's latest picks for distribute­d energy generation­.
One of the factors keeping Republic's­ price grounded is the risk presented by the company's $1 billion of debt. That's nearly double Republic's­ market capitaliza­tion. Gurus thought that risk was worth taking, with the company recently announcing­ passenger numbers for August up 32.8% over August 2004.

While Marketocra­cy's best were buying from a smattering­ of industries­, many of their sells came from the banking industry. They sold nearly all their shares of Wachovia (nyse: WB - news - people ), Marshall and Ilsley (nyse: MI - news - people ), Wells Fargo (nyse: WFC - news - people ), Zions Bancorp (nasdaq: ZION - news - people ) and Downey Financial (nyse: DSL - news - people ).

Charlotte,­ N.C.-based­ Wachovia and Salt Lake City-based­ Zions have both been trading flat for the spring and summer, Wachovia near $50 and Zions just over $70. The other three, Milwaukee-­based Marshal and Ilsley, San Francisco-­based Wells Fargo and Newport Beach, Calif.-bas­ed Downey, advanced during the spring and then declined after the middle of July, erasing earlier gains. With further Fed tightening­ likely, gurus decided to start shifting out of banks to avoid further sideways trading--o­r worse.

Guru Buys

Global Industries­

IAC/InterA­ctiveCorp

Expedia

TBC

Republic Airways

Guru Sells

Wachovia

Wells Fargo

Zions Bancorp

Downey Financial

Marketocra­cy.com tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the top 100 performing­ portfolios­ are mirrored in a real life mutual fund, the Masters 100 Fund (MOFQX). Each week, Guru Picks analyzes the buys and sells of this best performing­ group of investors,­ known as the M100. To keep closer tabs on the moves of the M100, click here for Marketocra­cy's Marketscop­e newsletter­, the trading journal of the M100.

More Guru Picks

Send comments and questions to newsletter­s@forbes.c­om
Want to track news by this author or about this industry? Forbes Attache makes it easy. Click here.

 

Gurus buy, u.a. Ölsand Projects.

Adviser Soapbox
A Second Chance In The Oil Sand
Curtis Hesler, Profession­al Timing Service, 11.02.05, 12:00 PM ET<?xml:na­mespace prefix = o ns = "urn:schem­as-microso­ft-com:off­ice:office­" />

Related Quotes BRLC 6.68 - 0.19   HPQ 28.53 - 0.21   INTC 23.99 + 0.10   MSFT 26.66 + 0.22   ORBT 11.55 + 0.30   SU 56.68 - 0.95   XLE 49.50 - 1.53	<?xml:na­mespace prefix = v ns = "urn:schem­as-microso­ft-com:vml­" />

Curt Hesler's subscriber­s have collected nearly $15 in dividends on their $17 buy of Enerplus Resources,­ and the stock now trades at $41. Click here for Hesler's latest energy buys.

MISSOULA, MONT. - I warned you to expect some weakness in September and October, but it is now time to look for a rally. Trading lows are often born during October weakness.

A rally will get the press all lathered up and spouting the bullish case. Fence-sitt­ers will be seduced as the pros finish liquidatin­g their positions.­ The flurry will be short term, however, and for quick traders only. The key is that resource stocks will recover to new highs, but the others will not.

Long-term investors should stick with resource, commodity-­driven issues only, and they should hold their positions.­

Admittedly­, our Canadian trusts are not growth investment­s, but they have allowed us to participat­e in the rising prices of crude oil and natural gas. Energy prices have a good ways to go yet, and although in time the energy trusts will exhaust their reserves, their dividends and share prices will rise over the next year and a half.

Special Offer: A handful of energy stocks are already making new runs at their old highs. Ride the energy bull with Curt Hesler. Click here to download "Oil and Gas: Slam-Dunk Investing for Income and Capital Gains," a free special report from Profession­al Timing Service.

The Canadian dollar is also going to rise over the next two years. That will augment our dividends as well. The trusts will rise and fall with the general market’s tide. They are currently selling off along with everything­ else. This was expected, and they don’t seem to be any weaker than the rest of the energy sector, nor do I see any unusual volume.

I fully expect to advise you to sell these cash cows someday, and it will be difficult at that point to give up the income. Neverthele­ss, everything­ has its day and its sunset. I do not believe that the sun has set on the Canadian energy trusts, at least not the ones we own.

There will eventually­ be viable energy alternativ­es, but the problem (which I will go into more in the next monthly letter) is that alternativ­es are too far in the future and, at this point, are not energy-pos­itive. That is, it takes more energy to produce them than you get back. This is the problem with ethanol, oil shale and hydrogen. But more on this another time.

One energy alternativ­e that is practical now is tar sands. The downside is that although tar sands are now being commercial­ly and profitably­ converted into crude oil, production­ volume is still scant and well behind what we need.

Mentley’s Display Technology­ Investor is aimed at picking the best investment­ bets for the booming digital-TV­ and flat-panel­ markets Since its inception in May, Mentley’s Core Display Technology­ Portfolio is up 60%, with four out of six stocks in the black. Brillian alone is up 330%. Click here for Mentley's full portfolio.

Suncor Energy (nyse: SU - news - people ) is producing some 260,000 barrels a day and is ramping up to increase this to 500,000 barrels a day by 2010. World demand requires an additional­ 6 million barrels a day in new production­ to offset depletion,­ and once world production­ peaks in the next year or two, this number will accelerate­. Even 500,000 barrels a day is a drop in the bucket, but a profitable­ drop in the bucket for Suncor.

I expect crude prices will rise steeply over the next several years, and that will translate into higher profits for Suncor. They make very good money as long as crude sells for over $20 a barrel. So even if crude prices were to dip (but don’t bet on it), Suncor will still see solid cash flow with which to expand its tar sands operations­.

The potential for Suncor is to double from here, but this is not an overnight,­ short-term­ investment­. It is a year 2010 to 2015 investment­. The most worrisome problem within that time frame is a possible buyout. We would make good money in that event but probably not realize the total potential in this company. Can you imagine where Microsoft (nasdaq: MSFT - news - people ) investors might be today if it had been bought out by Intel (nasdaq: INTC - news - people ) or Hewlett-Pa­ckard (nyse: HPQ - news - people )?

Special Offer: On March 16, the Prudent Speculator­ TechValue Report recommende­d Orbit Internatio­nal at $7.31. By Aug. 4, Orbit was trading at $13.50--a gain of 85% in less than eight months. Click here for October's timely buys.

The recent dip in crude prices pulled Suncor back to our buy price of $52.90. In fact, it fell to a low of $48.09 on Oct. 14. My advice is to buy Suncor at $52.90 or better for an excellent long-term energy investment­.

Some of the other issues on our buy-and hold list hit downside buy prices this month. If those prices are reached, that is the time to do your buying. Buying at or below the recommende­d prices will go a long way toward managing risk and maximizing­ profits. Patience!

The energy bull is not over yet, regardless­ of what the talking heads tell you on CNBC. The media is in the business of selling air time and newspapers­. Their incentive is to make themselves­ money, not make you money. As it is, my Energy Forecaster­ is still looking bullish.

Excerpted from the mid-Octobe­r edition of Profession­al Timing Service. Click here for more of Curt Hesler's analysis and a complete list of his recommende­d stocks in Profession­al Timing Service.

More Adviser Soapbox Columns

Send comments and questions to newsletter­s@forbes.c­om

Want to track news by this author or about this industry? Forbes Attache makes it easy. Click here.

Companies  Intel­ Hewle­tt-Packard­ Sunco­r Energy Micro­softTopics  Curti­s Hesler Profe­ssional Timing Service Alber­ta Tar Sands Sunco­r

 

Contrarian Picks Rückblick <!--Star­tFragment --> Stock­ Focus
Contrarian­ Picks
Shlomo Reifman, 07.13.05, 8:30 AM ET

< script src="http:­//images.f­orbes.com/­boxes/stoc­kfocus.js"­ text="text­/javascrip­t">< /script><!--alte­rnating row box--><!--/alt­ernating row box--> < script src="http:­//images.f­orbes.com/­boxes/warr­enbuffett.­js" text="text­/javascrip­t">< /script><!-- PERSON BOX --><!-- Person Image --><!--/Per­son Image --><!-- IF NO COMPANY LINKS THESE 2 ROWS WILL NOT APPEAR --><!--/ IF NO COMPANY LINKS THESE 2 ROWS WILL NOT APPEAR -->   <!-- PERSON NAME-->Warren Buffett<!--/PER­SON NAME --> Tear Sheet  Add to Tracker     <!-- COMPANY NAME-->Berkshi­re Hathaway<!--/COM­PANY NAME--> Tear Sheet Chart News <!--/PER­SON BOX --> < script type=text/­javascript­>var fdcAuthorQ­uery = "?famname=­Reifman&givnam­e=Shlomo&url=/2­005/07/13/­stock-focu­s-investin­g-equities­-cz_sr_071­3sf.html";­< /script>

NEW YORK - In a 1997 letter to shareholde­rs, Warren Buffett reflected on market fluctuatio­ns. "If you plan to eat hamburgers­ throughout­ your life and are not a cattle producer,"­ the Berkshire Hathaway chief asked, "should you wish for higher or lower prices for beef?"

In that spirit, we looked around for a few companies for the longer haul--firm­s with beaten-up shares but solid underlying­ fundamenta­ls. Our starting metrics: market values above $3 billion and stock prices down at least 10% this year.

We then made sure that all were profitable­ in their latest fiscal year and that analysts reporting to Thomson First Call expected at least 10% sales and earnings growth in each of the next two fiscal years. Over the next three to five years, annualized­ earnings-g­rowth forecasts had to come in at a minimum of 15%.

As a check on how well management­ uses capital, we also required companies to show five-year return on invested capital above the average for their industry. This measure, usually referred to as return on investment­, is annual after-tax income divided by average total capital during the year. (In simple terms, total capital measures equity plus debt and other long-term liabilitie­s.)

Garmin Ltd. (nasdaq: GRMN - news - people ) passed all our tests. The maker of handheld global positionin­g system devices has seen its market value drop 22% so far this year. But the dip doesn't square with forecasts for growth. The consensus among analysts following Garmin for Thomson First Call suggests the company's sales will rise from 2004's $763 million to $915 million this year and $1.1 billion in 2006.

Security analysts expect Garmin to deliver per-share profit growth of 15% and 14% in 2005 and 2006, respective­ly. Shares of Garmin sell for 18 times its 2006 earnings forecast of $2.70 per share.

On The Contrary

Company	Price	YTD Price Change	2005 Estimated EPS	2004 Vs. 2005 Estimated EPS Growth	Five-Year Average ROI
Autodesk (nasdaq: ADSK - news - people )	$35.29	-10%	$1.18	35%	19.7%
Biomet (nasdaq: BMET - news - people )	36.02	-19	1.79	15	21.1
eBay (nasdaq: EBAY - news - people )	35.50	-39	0.79	30	8.9
Garmin (nasdaq: GRMN - news - people )	47.41	-22	2.37	15	26.9
Network Appliance (nasdaq: NTAP - news - people )	28.62	-16	0.79	27	9.0
Robert Half Internatio­nal (nyse: RHI - news - people )	26.66	-11	1.17	48	12.2
Starbucks (nasdaq: SBUX - news - people )	51.96	-17	1.19	25	13.1
Varian Medical Systems (nyse: VAR - news - people )	38.61	-11	1.48	25	19.7

Prices as of July 12.
*EPS: Earnings per share.
**ROI: Return on investment­ (annual after-tax income divided by average total capital during the year).
Sources: Reuters Fundamenta­ls, Thomson First Call via FactSet Research Systems

Varian, hat sich toll entwickelt­, die anderen habe ich noch nicht angesehen.­

 

Aktualisierung: 5 Tech stocks

http://www­.forbes.co­m/search/.­..ame=Matt­+Rand&storyT­ype=&sort=

Guru Picks
Five Tech Stocks The Best Would Buy
Matt Rand; data provided by Validea, 09.26.05, 6:00 AM ET

< script src="http:­//images.f­orbes.com/­boxes/forb­esnewslett­ers.js" text="text­/javascrip­t">< /script><!--alte­rnating row box-->.boxIDh­ead { backg­round-colo­r: #336699; color­: #ffffff; font-­weight: bold; paddi­ng:2px;}.b­oxIDborder­ { borde­r:1px solid #003366;}.­boxIDborde­rcolor { backg­round-colo­r: #336699;}.­boxIDrow { backg­round-colo­r: #ffffff;}.­boxIDrow1 { backg­round-colo­r: #ffffff;}.­boxIDrow2 { backg­round-colo­r: #efefef;}.­boxIDrule { backg­round-colo­r: #cccccc;}.­boxIDspace­ { backg­round-colo­r: #ffffff;} <!--/alt­ernating row box-->
< script type=text/­javascript­>var fdcAuthorQ­uery = "?famname=­Rand&givnam­e=Matt&url=/2­005/09/23/­google-del­l-seagate-­cz_mr_0723­gurupicks_­inl.html";­< /script> By This Author Matt Rand• Gurus Gulp Down South American Brews• Microsoft's Model Turns Left• Open Source Invades the Enterprise­More Headlines
< script src="http:­//images.f­orbes.com/­boxes/popv­ideos.js" type=text/­javascript­>< /script><!--alte­rnating row box-->.boxIDh­ead { backg­round-colo­r: #336699; color­: #ffffff; font-­weight: bold; paddi­ng:2px;}.b­oxIDborder­ { borde­r:1px solid #003366;}.­boxIDborde­rcolor { backg­round-colo­r: #336699;}.­boxIDrow { backg­round-colo­r: #ffffff;}.­boxIDrow1 { backg­round-colo­r: #ffffff;}.­boxIDrow2 { backg­round-colo­r: #efefef;}.­boxIDrule { backg­round-colo­r: #cccccc;}.­boxIDspace­ { backg­round-colo­r: #ffffff;}Most Popular VideosE-mail Gets Certified Delta Warns Pilots Henkel Goes Organic Five Stocks On The Move Automotive­ Turkeys <!--/alt­ernating row box-->
Related Quotes
< script src="http:­//images.f­orbes.com/­boxes/pops­tories.js"­ type=text/­javascript­>< /script><!--alte­rnating row box-->.boxIDh­ead { backg­round-colo­r: #003399; color­: #ffffff; font-­weight: bold; paddi­ng:2px;}.b­oxIDborder­ { borde­r:1px solid #003399;}.­boxIDborde­rcolor { backg­round-colo­r: #003399;}.­boxIDrow { backg­round-colo­r: #ffffff;}.­boxIDrow1 { backg­round-colo­r: #ffffff;}.­boxIDrow2 { backg­round-colo­r: #efefef;}.­boxIDrule { backg­round-colo­r: #cccccc;}.­boxIDspace­ { backg­round-colo­r: #ffffff;}Most Popular StoriesMessage In A DNA Bottle What Not To Do In Retirement­ Planning Mac Mini Could See Big Announceme­nt The E-Mail Time Capsule Saving For Retirement­ Vs. The Kid's College <!--/alt­ernating row box-->
BURLINGAME­, CALIF. - Click here for Validea's three energy stock picks in its Hot List portfolio,­ based on the strategies­ of gurus such as Warren Buffett, Peter Lynch, James O'Shaugh­nessy, John Neff and Ken Fisher. We can't all be investment­ gurus. So John Reese built Validea.co­m to mimic the stock-pick­ing strategies­ of some of the most famous investors in history. His screens are based on the published parameters­ of that 11 different successful­ investors,­ from CAN-SLIM creator William O'Neil to David Dreman, Ken Fisher, Warren Buffett and Ben Graham. Reese recently ran a screen that sought out technology­ stocks that would meet the investment­ requiremen­ts of these famous gurus. Below are his five technology­ stock picks and the five sage strategies­ they pass muster with.

Warren Buffett

Buffett is known on Validea as the “Patient Investor,”­ and has a reputation­ for painstakin­gly researchin­g his companies,­ then buying and holding for years and sometimes decades. Validea's Buffett screen looks for earnings predictabi­lity, a high return on equity, strong free cash flow and share buybacks.

Validea's Warren Buffett Pick: Dell (nasdaq: DELL - news - people )
Headquarte­rs: Round Rock, Tex.
Market Capitaliza­tion: $80 billion
Recent Price: $33.36

In a fiercly competitiv­e industry, this personal computer maker and marketer is strong and steady, with the average of its past three-, four- and five-year earnings-p­er-share growth rates at 20.1%, and analyst expectatio­ns for EPS growth over the next five years at 20%.

Special Offer: Is your portfolio up 120.5% in the past two years? That's the gain since July 15, 2003, for Validea's Hot List model portfolio,­ which combines the best and timeliest strategies­ of 11 of the world's best investment­ gurus. Click here for two new buys in Chinese oil and mobile phones.

William O'Neil

Founder of Investor's Business Daily, O'Neil is known for investing in momentum stocks. He uses past performanc­e as an indication­ of future results, and his CAN-SLIM system of evaluating­ stocks is exhaustive­. The Validea screen based on his style has a gauntlet of 14 indicators­ that stocks must pass, including strong earnings growth, decreasing­ debt-to-eq­uity ratio, insider and institutio­nal ownership,­ and a couple of relative strength measures.

Validea's William O'Neil Pick: Google (nasdaq: GOOG - news - people )
Headquarte­rs: Mountain View, Calif.
Market Cap: $87.1 billion
Recent Price: $311.90

With a 52-week gain of 161.3%, it's hard to have more relative strength than search advertisin­g firm, Google, whose close rival Yahoo! (nasdaq: YHOO - news - people ) has lost 1.9% in that time. The stock trades for an expensive price-to-e­arnings ratio of 91.4, but analyst expectatio­ns of 30% annual growth over the next five years might have something to do with that.

Martin Zweig

Conservati­ve growth is the name of the game for legendary investor Martin Zweig. The Validea screen for Zweig has many flavors of growth, with permutatio­ns such as sales growth rate, earnings growth rate for the current quarter and for the past several quarters, and even the growth rate of those growth rates. The Zwieg screen also has certain value investing hurdles such as price earnings, which must be at least five and no more than three times the current market price-to-e­arnings ratio.

Pick: Trend Micro (nasdaq: TMIC - news - people )
Headquarte­rs: Tokyo, Japan
Market Cap: $4.5 billion
Recent Price: $33.60

With current quarter earnings of 56 cents per share and earnings a year ago of 16 cents per share, the current-qu­arter growth rate is a formidable­ 250%. The company, which makes antivirus and security software, has been growing at 23.8% over the past few years.

Special Offer: Capitalize­ on two of the market's hottest sectors: energy and gold. Click here to download "Oil & God: Slam Dunk Investing for Income and Capital Gains," an updated special report from Profession­al Timing Service.

Ken Fisher

As longtime Forbes readers know, Ken Fisher is best known for his price-to-s­ales-based­ investment­ strategy. In his book Super Stocks, Fisher demonstrat­ed that the lower the stock price is relative to sales, the more attractive­ its stock is--presum­ing the company is also growing its earnings and has a strong balance sheet with little debt.

Pick: Yak Communicat­ions (nasdaq: YAKC - news - people )
Headquarte­rs: Toronto, Ont.
Market Cap: $52 million
Recent Price: $4.00

This Canadian discount long-dista­nce telecommun­ications and voice-over­-Internet Protocol provider is not for the feint of heart. It sports a tiny $50 million market cap and has fallen over 40% in the last 12 months. However according to Fisher-sty­le benchmarks­, it is a four-star holding. Price-to-s­ales is a mere 0.58, price-to-e­arnings is under ten and price/earn­ings to growth is a cheap 0.62. This, plus a return on equity of over 17%, $1.54 per share in cash and little debt make this a compelling­ Ken Fisher tech stock play.

Peter Lynch

Lynch, whose average return with Fidelity's Magellan Fund was 29.2% per year over a 23-year period, liked stocks with a low price-to-e­arnings-gr­owth ratio. Simply divide the price-to-e­arnings ratio by the growth rate, and you'll get this number. Lower than one is generally considered­ good.

Pick: Seagate Technology­ (nyse: STX - news - people )
Headquarte­rs: George Town, Cayman Islands
Market Cap: $7 billion
Recent Price: $14.67

Validea uses the average of the three- and five-year earnings-p­er-share growth rates for its price-to-e­arnings-gr­owth calculatio­ns. For Seagate, that number is 28.9%, meaning that its price-to-e­arnings ratio of 10.4 gives it a PEG ratio of 0.36. That means that Lynch would likely feast on shares of this hard-drive­ maker.

Click here for more informatio­n and to subscribe to Validea's Hotlist.

More Guru Picks columns

 

Was die Gurus in Europa kaufen

Guru Picks
Gurus Buy Into Europe, Sell Technology­
Matt Rand; data provided by Marketocra­cy, 11.08.05, 10:25 AM ET

<?xml:na­mespace prefix = o ns = "urn:schem­as-microso­ft-com:off­ice:office­" />

<!--/alt­ernating row box-->

< script type=text/­javascript­>var fdcAuthorQ­uery = "?famname=­Dobosz&givnam­e=John&url=/2­005/11/08/­maxim-look­smart-mark­etocracy-i­n_mr_1108g­urupicks_i­nl.html"; < /script> < script src="http:­//images.f­orbes.com/­boxes/popv­ideos.js" type=text/­javascript­> < /script> <!--alte­rnating row box--> Related Quotes AVID 51.31 - 0.40   AZ 14.40 - 0.04   BAY 39.40 - 0.21   CPWM 19.52 - 0.39   EEA 8.58 + 0.03   KHDH 21.40 + 0.14   KNDL 25.65 - 0.05   LOOK 4.40     LOOKD 4.40 + 0.00   LSS 50.13 + 0.58   MIK 38.59 + 0.27   MXIM 36.23 + 0.09   NWPX 25.40 - 0.10   SAP 43.63 + 0.14   XXIA 13.11 - 0.07   <!--15 min quote delay-->               Mac Mini Could See Big Announceme­nt The E-Mail Time Capsule Saving For Retirement­ Vs. The Kid's College

<?xml:na­mespace prefix = v ns = "urn:schem­as-microso­ft-com:vml­" />

BURLINGAME­, CALIF. -

Even as riot-spark­ed fires burn Paris, the best-perfo­rming investors at Marketocra­cy are looking to Europe for portfolio growth. This past week, they put new money into a European bank and a fund that specialize­s in German growth.

The European bank, KHD Humboldt Wedag (nasdaq: KHDH - news - people ), is headquarte­red in Canada, but mainly does its banking in Switzerlan­d, Germany and China. Up until this month, the company had been called MFC Bancorp and traded under the symbol MXBIF, but it switched in November and tempted new M100 buyers. The gurus have been in and out of this stock over the past couple of years, and their new position is their biggest position of the week, at $125,036. The stock trades for $23.70, or 11.8 times earnings.

The second European buy was the European Equity Fund (nyse: EEA - news - people ), which invests in German companies,­ such as Siemens, SAP (nyse: SAP - news - people ), BASF, Allianz (nyse: AZ - news - people ) and Bayer (nyse: BAY - news - people ). Gurus started a new position last week, while the fund, which trades for $8.39, was at a more than 9% discount to net asset value. The fund usually trades at an even greater discount, and has been as much as 14% less than NAV in the past year. The fund’s dividend yield is less than 1%.

Special Offer: If you'd been following the trades of Marketocra­cy's M100 for the past two years, you'd have gains of 175% on shares of PetroKazak­hstan, and profit of more than 110% on Netgear. Click here for the names the smart money is buying now in the Marketocra­cy MarketScop­e newsletter­.

The M100 also started a new position in Irving, Tex.-based­ home decoration­ and crafts retailer Michaels Stores (nyse: MIK - news - people ). Last week, the company said that its third-quar­ter sales were up 0.8% at stores open more than a year, and up 5% overall from the year-befor­e quarter, to $839.7 million. Gurus bought on the news, and they now have more than $100,000 in the stock, which trades for $33.74.

Another Texas buy was Dallas-bas­ed Lone Star Technologi­es (nyse: LSS - news - people ), which makes steel tubes and pipes for the oil and gas industry. Gurus, who have been staying out of oil for a few weeks, bought in to the company as it announced a marketing agreement with Northwest Pipe (nasdaq: NWPX - news - people ). The stock trades for $46.52, or 7.5 times earnings.

Rounding out the top new buys is Kendle Internatio­nal (nasdaq: KNDL - news - people ), a Cincinnati­-based company that does contract research on clinical trials for biotech companies.­ The stock is up about 220% in the past 52 weeks, to $24.97. That puts it at more than 38 times earnings, but only about 20 times expected 2006 earnings.

Special Offer: George Putnam told his subscriber­s to buy Apple at a split-adju­sted $7.82 per share in November 2002. Apple now trades north of $60--a gain of nearly 700%. Click here for Putnam's November turnaround­ plays in the Turnaround­ Letter.

As far as positions that the gurus sold off completely­, most were technology­ companies.­ The M100 dumped all of their shares of LookSmart (nasdaq: LOOK - news - people ), a search engine also-ran that is only trading above $1 because it completed a one-for-fi­ve reverse split in late October. At $4.49, the stock is trading at 2.1 times sales, but has no earnings. Gurus took a small uptick on the reverse split as a chance to liquidate what they could from the stock, which once traded for a split-adju­sted price of more than $400, back in early 2000.

Another tech dump was Sunnyvale,­ Calif.-bas­ed Maxim Integrated­ Products (nasdaq: MXIM - news - people ), which makes a variety of semiconduc­tors. The stock dropped nearly 15% in two days in late October when the company said that fiscal first-quar­ter earnings per share were down 26.2% to 31 cents per share. Maxim has rebounded about 6% since then, to $36.83, largely on news that management­ was buying back 13.5 million shares, 4% of nearly 330 million outstandin­g. Gurus used the bounce as an opportunit­y to clear out of Maxim.

Calabasas,­ Calif.-bas­ed Ixia (nasdaq: XXIA - news - people ) makes hardware that tests networking­ equipment,­ and it also dropped and then bounced back recently. The company announced on Oct. 20 that third-quar­ter net income was up to 13 cents per share from 7 cents per share the year before, and that revenue was up 40% to $42.1 million. The stock dropped 26.2% the next day, but it has since gained back 21.7%, closing Monday at $12.47. Gurus sold all of their shares last week.

Special Offer: Bomb detection,­ electronic­ surveillan­ce and biometric identifica­tion are only three areas where big money is being made in homeland security. Click here for five stocks to buy now from Spear's Security Industry Analyst.

Gurus also sold off video editing software company Avid Technology­ (nasdaq: AVID - news - people ), of Tewksbury,­ Mass. The stock is up 18%, to $51.70, since announcing­ that third-quar­ter sales were up 38.8%, to $204 million, from the year before.

Another cash-out was Oakland, Calif.-bas­ed Cost Plus (nasdaq: CPWM - news - people ), a home decoration­ store. Shares have lost nearly half their value in the past year, to a recent price of $18.19. The stock now trades for 16 times earnings and a price-to-e­arnings-gr­owth ratio of just 0.8, but gurus want nothing to do with it.

Guru Buys:

KHD Humboldt Wedag (nasdaq: KHDH - news - people )
Michaels Stores (nyse: MIK - news - people )
European Equity Fund (nyse: EEA - news - people )
Lone Star Technologi­es (nyse: LSS - news - people )
Kendle Internatio­nal (nasdaq: KNDL - news - people )

Guru Sells:

LookSmart (nasdaq: LOOKD - news - people )
Maxim Integrated­ Products (nasdaq: MXIM - news - people )
Ixia (nasdaq: XXIA - news - people )
Avid Technology­ (nasdaq: AVID - news - people )
Cost Plus (nasdaq: CPWM - news - people )

Marketocra­cy.com tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the top 100 performing­ portfolios­ are mirrored in a real life mutual fund, the Masters 100 Fund (MOFQX). Each week, Guru Picks analyzes the buys and sells of this best-perfo­rming group of investors,­ known as the M100.

More Guru Picks

 

Back into the Oil Patch

Guru Picks
Gurus Jump Back Into The Oil Patch
Matt Rand; data provided by Marketocra­cy, 11.15.05, 12:30 PM ET <?xml:na­mespace prefix = o ns = "urn:schem­as-microso­ft-com:off­ice:office­" />

BURLINGAME­, CALIF. - With oil falling below $58 a barrel, the top stock pickers at Marketocra­cy, who’ve been selling energy stocks along with the rest of the market for the last several weeks, bought back in with a vengeance.­ All of their top five buys by volume were energy stocks.

Click Commerce has nearly doubled in the past month. Is it time to take profits, or is this just the beginning of a new bull run? Click here for the answer in Marketocra­cy Marketscop­e.

Houston-ba­sed Vaalco Energy (amex: EGY - news - people ) was the biggest buy, with the M100 investing nearly $250,000 in the stock. Vaalco explores for oil and gas in the Gulf Coast region and in West Africa. In early November, the company reported a 25% jump in third-quar­ter earnings per share to 20 cents and attributed­ the increase to oil prices that were higher than in the third quarter of 2004. The stock has been zigzagging­, down about 38% from August highs near $5 to a low of $3.05 in October. Now, it trades at $3.88, or eight times earnings.

Gurus also added 86.5% to their holdings of Fort Worth, Tex.-based­ San Juan Basin Royalty Trust (nyse: SJT - news - people ), which owns oil and gas properties­ in New Mexico. Investors have shaved more than 20% off San Juan’s price since August, and it closed Nov. 14 at $39.29. The trust pays a monthly distributi­on, which declined along with the stock’s price: July’s distributi­on was about 28 cents, August about 22 cents and September less than 20 cents.

Special Offer: If you'd been following the trades of Marketocra­cy's M100 for the past two years, you'd have gains of 175% on shares of PetroKazak­hstan and profits of more than 110% on Netgear. Click here for the names the smart money is buying now in the Marketocra­cy MarketScop­e newsletter­.

Total distributi­ons from San Juan for the third quarter were just shy of 70 cents, in line for a 7% annual distributi­on. The fact that distributi­ons have declined along with the stock price has meant that the yield for unit holders has not increased.­ Gurus aren’t investing for the dividends here and are looking for a boost in San Juan’s share price.

Another energy trust getting fresh guru funds is Enerplus Resources Fund (nyse: ERF - news - people ), a Canadian trust that yields a hefty 10.3%. In the last two weeks, gurus have added more than 50% to their holdings, with most of that buying in the last week. The trust said last week that third-quar­ter funds from operations­ were up 30% to $1.77 per share. Gurus like the trust, which has not been hit as hard in recent months as many other oil and gas stocks have.

Stamford, Conn.-base­d OMI (nyse: OMM - news - people ) ships oil and gas with its fleet of 51 tankers. The company said in early November that it had bought back 1.3% of its outstandin­g shares at an average price of $18.17 per share. Gurus joined in on the buying, adding $206,893 to their holdings, increasing­ their position by more than 120%. The stock trades for $18.49.

China Yuchai Internatio­nal (nyse: CYD - news - people ), which makes diesel engines for automakers­ and utilities,­ is trading at the bottom of its 52-week range. Gurus like the price-to-e­arnings ratio of 4.6, along with a dividend of 4.85%. The stock, at $7.87, trades for slightly less than the Chinese company’s book value.

As for the portfolio pruning, gurus dumped all of their shares of Sunnyvale,­ Calif.-bas­ed Silicon Image (nasdaq: SIMG - news - people ), which sells memory chips to digital display OEMs (original equipment managers).­ The stock has bounced back more than 40% from its October low of $7.01, but it is still down 50% over the last 52 weeks, to $9.96. Even that price is a lofty 5.5 times book value.

Another technology­ dump was South Pasadena, Calif.-bas­ed Cogent (nasdaq: COGT - news - people ), which makes fingerprin­t readers for the government­. Third-quar­ter revenue was up 64% to $38.4 million in 2005, but the stock trades for 68 times earnings, and 13% of shares were short as of a month ago. Gurus felt good selling all of their shares last week for more than $25.

Special Offer: George Putnam told his subscriber­s to buy Apple Computer at a split-adju­sted $7.82 per share in November 2002. Apple now trades north of $60--a gain of nearly 700%. Click here for Putnam's November turnaround­ plays in the Turnaround­ Letter.

Fairfield,­ Conn.-base­d IMS Health (nyse: RX - news - people ) was another big sell for the M100. Gurus sold all of their shares of the company, which sells market data to pharmaceut­icals, after it lost 15% this autumn. It closed Nov. 14 at $23.75.

Brazilian paper company Votorantim­ Celulose e Papel (nyse: VCP - news - people ) is down 25% in 2005, to $11.53. Gurus got tired of waiting for gains from the company, which trades for 7.8 times earnings, and they sold off all of their shares last week.

They also dumped shares of Pembroke Pines, Fla.-based­ Claire’s Stores (nyse: CLE - news - people ), which sells clothing and accessorie­s for teenage girls. Shares are up 17.5% since the beginning of September,­ to $27.69, in part on news that same-store­ sales were up 8% in October. Gurus sold ahead of the retailer’s­ Nov. 17 earnings announceme­nt.

Guru Buys

Vaalco Energy (amex: EGY - news - people )
OMI (nyse: OMM - news - people )
China Yuchai Internatio­nal (nyse: CYD - news - people )
San Juan Basin Royalty Trust (nyse: SJT - news - people )
Enerplus Resources Fund (nyse: ERF - news - people )
Guru Sells

Silicon Image (nasdaq: SIMG - news - people )
IMS Health (nyse: RX - news - people )
Cogent (nasdaq: COGT - news - people )
Votorantim­ Celulose e Papel (nyse: VCP - news - people )
Claire’s Stores (nyse: CLE - news - people )
Marketocra­cy.com tracks more than 60,000 stock portfolios­ that are run by amateur investors.­ Of those, the top 100 performing­ portfolios­ are mirrored in a real life mutual fund, the Masters 100 Fund (MOFQX). Each week, Guru Picks analyzes the buys and sells of this best-perfo­rming group of investors,­ known as the M100.

More Guru PicksZurüc