Baidu.com, Inc. (ADR) (BIDU), Banco Santander, S.A. (ADR) (SAN): Here’s What This Big Market Beater Has Been Buying and Selling

Finally, Douglass Winthrop’s biggest closed positions included Kinder Morgan Management, LLC and Lorillard. Other closed positions of interest include Corning Incorporated (NYSE:GLW) and Banco Santander, S.A. (ADR) (NYSE:SAN) . Corning Incorporated (NYSE:GLW) just reported a solid second quarter, with core revenue and earnings rising by double digits, and several business segments, such as telecommunications, life sciences, and display technologies, growing briskly. Its Gorilla Glass is selling well, and generated more than $1 billion in 2012 revenue. Some have high hopes for its partnership with View and its tint-adjusting glass, and also hope to see Gorilla Glass incorporated in automobiles in the future. The company has hiked its dividend recently (it yields 2.6%), and gave a big boost to its share repurchase program. Corning Incorporated (NYSE:GLW)’s forward P/E of 11 make its stock seem attractively priced.

Banco Santander, S.A. (ADR) (NYSE:SAN) yields 8.4%, and has been pressured by weakness in Europe. Unappreciated by many, though, is its geographic diversification, with substantial operations in faster-growing Latin America. The bank’s most recent quarter improved on results from the previous quarter. Its stock valuation could be more compelling, but it does offer a huge yield. It recently posted earnings up 29% in the first half of its fiscal year (over year-ago levels), but some want to see even more signs of improving health.

We should never blindly copy any investor’s moves, no matter how talented the investor. But it can be useful to keep an eye on what smart folks are doing. Therefore, 13-F forms can be great places to find intriguing candidates for our portfolios.

The article Here’s What This Big Market Beater Has Been Buying and Selling originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Corning and Baidu. The Motley Fool recommends Baidu, Corning, Kinder Morgan, Loews, and Spectra Energy.. The Motley Fool owns shares of Baidu, Corning, Kinder Morgan, and Loews.

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