CHICAGO, June 8, 2011 /PRNewswire/ -- Stocks in this week's article include: Black Hills Corporation (NYSE: BKH), Federated Investors, Inc. (NYSE: FII), Foster Wheeler (NASDAQ: FWLT), Carmax, Inc. (NYSE: KMX) and Northwest Natural Gas Company (NYSE: NWN). Kevin Matras goes over a powerful short selling screen to make money as the market goes down.

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Screen of the Week written by Kevin Matras of Zacks Investment Research:  

May was a tough month. And June hasn't started off any better.

And while I'm always looking for stocks to buy, I've also been looking for stocks to short.

So, with the market's recent weakness, if you think a stock is overpriced and overvalued, you can sell it and make money as it falls.

(For those who don't want to sell short (or can't because they're trading in a qualified account), you might also consider buying put options instead. It's a fine alternative to try and make money as the price of a stock goes down.)

The screen I'm running this week is essentially looking for overvalued companies with underperforming growth projections…

For the rest of this Screen of the Week article, please visit Zacks.com at:  http://www.zacks.com/commentary/17906/

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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

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