52-Week Low Club (AAI, ANN, AM, BIG, BJRI, CHS, CC, LIZ, M, OMX, MSO, RL, HOT, WM, WEN, ZLC)

Investing

Published: December 27, 2007 4:01 pm

Last Updated: March 26, 2020 8:16 pm

Today’s list of 52-week lows was still dominated by retail and consumer spending stocks, although a surprise surge from several key semiconductor names made today’s list. Some of these did end up recovering back above their respective 52-week lows. Here’s your list for today:

Airtran (AAI)…down from a $13.09 high. $95+ Oil is a pain. Stock broke significant support at $8.00 two weeks ago so it’s in no-man’s land.
Ann Taylor (ANN)… Is the growth story gone? If so and IF it can hit its earnings estimates then it is a hidden value stock. But with women spending less on clothes over the holidays it may just be a value trap.
American Greeting (AM)… I started complaining about the cost of greeting cards LONG BEFORE the economy softened, and I’m not alone.
Big Lots (BIG)…again…should say "habitual offender" on it.
BJ’s Restaurants (BJRI)…cool brewpub, although still expensive on earnings measurement.
Chico’s FAS (CHS)…again.
Circuit City (CC)…needs to fire that CEO immediately.
Liz Claiborne (LIZ)…again.
Macy’s (M)….again.
Marvell Tech (MRVL).. see chip stocks on 52-week lows.
Martha Stewart Living (MSO)… Is it changing its name to "DYING"? Maybe a weak ad environment and magazine environment is even worse than we thought?
Micron Tech (MU) turnaround still can’t turn around… see chip stocks on 52-week lows.
Office Max (OMX)…again.
Ralph Lauren Polo (RL)…recovered above that 52-week low but this was a surprise to see even in a weak consumer. Stock is now over $40.00 under highs.
Sandisk (SNDK).. see chip stocks in 52-week lows.
Starwood Hotels (HOT)… givin’ all the inheritance away may not keep young Paris happy.
STMicro (STM)…see chip stocks on 52-week lows.
Washington Mutual (WM)… when WA-MU changes its name to UH-OH!
Wendy’s International (WEN)… just an expensive burger chain with a "hoped for buyout" allowing a premium, otherwise would be even lower.
Zale Corp. (ZLC)….. I didn’t get my wife diamonds for Christmas either.

All these CEO’s have a fairly easy new year’s resolution for 2008: "I want to keep my stock from hitting 52-week lows"…….

Jon C. Ogg
December 27, 2007

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