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Stocks That Fell to 3-Year Lows in the Week of Dec. 7

- By Shuda Xia

Anheuser-Busch InBev (BUD), International Business Machines Corp. (IBM), Celgene Corp. (CELG), and American International Group Inc. (AIG) have declined to their three-year lows.

Anheuser-Busch InBev (BUD) declined to $70.77

The prices of Anheuser-Busch InBev (BUD) shares have declined to $70.77 on Dec. 7, which is only 0.4% above the 3-year low of $70.50.


Anheuser-Busch is a Brazilian-Belgian international beverage and brewing company. The company is the world's largest brewer and is considered one of the largest fast-moving consumer goods companies in the world. The company was enlarged in October of 2016 when the company purchased SABMiller and concluded a merger.

Anheuser-Busch InBev has a market cap of $138.46 billion; its shares were traded around $70.77 with a P/E ratio of 21.62 and P/S ratio of 2.62. The trailing 12-month dividend yield of Anheuser-Busch InBev stocks is 4.67%. The forward dividend yield of Anheuser-Busch InBev stocks is 4.57%. Anheuser-Busch InBev had an annual average earnings growth of 4.90% over the past 10 years.

On Nov. 15 Anheuser-Busch InBev announced a $250,000 investment in Closed Loop Fund projects to improve glass recycling capabilities in communities in Texas. The first of these proposed projects will be announced in early 2019 and will help drive progress towards the company's 2025 Sustainability Goals, which were announced spring of 2018.

International Business Machines Corp. (IBM) declined to $119.34

The prices of International Business Machines Corp. (IBM) shares have declined to $119.34 on Dec. 7, which is only 4.4% above the 3-year low of $114.09.

International Business Machines Corp. is an American international technology company that manufactures and markets computer hardware, middleware, and software. The company also offers hosting and consulting services in areas such as mainframe computers and nanotechnology. The company has operations in over 170 countries.

International Business Machines Corp. has a market cap of $106.43 billion; its shares were traded around $119.34 with a P/E ratio of 19.09 and P/S ratio of 1.36. The trailing 12-month dividend yield of International Business Machines Corp. stocks is 5.21%. The forward dividend yield of International Business Machines Corp. stocks is 5.07%. International Business Machines Corp. had an annual average earnings growth of 2.40% over the past 10 years.

On Dec. 4 International Business Machines Corp. announced that IBM services will be the global preferred implementation partner for Thought Machine, a UK based software company. IBM's services will be used for Thought Machine's cloud-native core banking platform named Vault. The aim of the partnership is to help banks deliver better digital services to their customers.

Celgene Corp. (CELG) declined to $70.08

The prices of Celgene Corp. (CELG) shares have declined to $70.08 on Dec. 7, which is only 4.9% above the 3-year low of $66.62.

Celgene Corp. is an American biotechnology company that researches, develops, and commercializes treatments relating to cancer and inflammatory disorders. The company's major product is Revlimid, which in combination with dexamethasone treats multiple myeloma in patients. Revlimid is sold through proprietary risk management distribution programs to ensure safe and appropriate use.

Celgene Corp. has a market cap of $48.78 billion; its shares were traded around $70.08 with a P/E ratio of 17.83 and P/S ratio of 3.57. Celgene Corp. had an annual average earnings growth of 21.40% over the past 5 years.

On Oct. 25 Celgene Corp. reported third quarter 2018 financial results. Net product sales for the quarter was $3,890 million, an 18% increase from the same quarter prior year. Net revenue for the quarter was $3,892, also an 18% increase compared to $3,287 million during the same quarter prior year. GAAP diluted earnings per share for the quarter was $1.50, compared to diluted EPS of $1.21 during the same quarter prior year.

American International Group Inc. (AIG) declined to $37.90

The prices of American International Group Inc. (AIG) shares have declined to $37.90 on Dec. 7, which is only 0.0% above the 3-year low of $37.90.

American International Group Inc. is an American international finance and insurance company that has operations in more than 80 countries. The company operates through three core businesses including general insurance, life and retirement, and a standalone technology subsidiary.

American International Group Inc. has a market cap of $33.53 billion; its shares were traded around $37.90 with and P/S ratio of 0.73. The trailing 12-month dividend yield of American International Group Inc. stocks is 3.37%. The forward dividend yield of American International Group Inc. stocks is 3.25%.

On Dec. 4 American International Group Inc. announced that it has appointed Mark D. Lyons to the position of Executive Vice President and CFO. Mr. Lyons succeeds Sid Sankaran, who will remain with the company in an advisory capacity through the year-end reporting process for fiscal year 2018.

Disclosure: I do not own stock in any of the companies mentioned in the article.

This article first appeared on GuruFocus.