Forbes.com
10-10-2006, 12:00 PM
Forbes Investing Ideas
Guru Picks
Gurus Buy Russian, Sell XM And Drillers
John Dobosz 10.10.06, 11:30 AM ET
As the Dow made it official and closed above its old high from January 2000 last week, U.S. stocks gained further strength. The best investors at Marketocracy, however, were more focused on companies based outside of the United States--particularly those in Russia.
With more than $356,000 of fresh guru funds moving into the stock, shares of Moscow-based Wimm-Bill-Dann Foods (nyse: WBD - news - people ) was the biggest buy for the M100. The Russian dairy and juice producer is up 134% in the past year and last month announced that revenue for the quarter ended June 30 were up 20% while profits were up 450%. Over the past four quarters, WBD has earned $68.75 million and generated operating cash flow of $145.5 million on sales of $1.53 billion. Shares trade at $44, or 28.5 times expected 2006 earnings per share.
complete article here... ( http://www.forbes.com/finance/investingideas/2006/10/10/baidu-imax-xmsr-pf-guru-in_jd_1010gurupicks_inl.html?partner=rss )
Guru Picks
Gurus Buy Russian, Sell XM And Drillers
John Dobosz 10.10.06, 11:30 AM ET
As the Dow made it official and closed above its old high from January 2000 last week, U.S. stocks gained further strength. The best investors at Marketocracy, however, were more focused on companies based outside of the United States--particularly those in Russia.
With more than $356,000 of fresh guru funds moving into the stock, shares of Moscow-based Wimm-Bill-Dann Foods (nyse: WBD - news - people ) was the biggest buy for the M100. The Russian dairy and juice producer is up 134% in the past year and last month announced that revenue for the quarter ended June 30 were up 20% while profits were up 450%. Over the past four quarters, WBD has earned $68.75 million and generated operating cash flow of $145.5 million on sales of $1.53 billion. Shares trade at $44, or 28.5 times expected 2006 earnings per share.
complete article here... ( http://www.forbes.com/finance/investingideas/2006/10/10/baidu-imax-xmsr-pf-guru-in_jd_1010gurupicks_inl.html?partner=rss )