Zacks Sell List Highlights: P.H. Glatfelter, Foster Wheeler AG, Shaw Communications and The Scotts Miracle-Gro - Press Releases
November 18 2011 - 3:30AM
Zacks
For Immediate Release
Chicago, IL – November 18, 2011 – Zacks.com releases details on
a group of stocks that are currently members of the exclusive Zacks
#5 Rank List – Stocks to Sell Now. These stocks are currently rated
as a Zacks Rank #5 (Strong Sell): P.H. Glatfelter
Company (GLT) and Foster Wheeler AG
(FWLT). Further, Zacks announced #4 Rankings (Sell) on two other
widely held stocks: Shaw Communications Inc.
(SJR) and The Scotts Miracle-Gro
Company (SMG).
To see the full Zacks #5 Rank List - Stocks to Sell Now visit:
http://at.zacks.com/?id=92
Since inception in 1988, the S&P 500 has outperformed the
Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs.
+10%). While the rest of Wall Street continued to tout stocks
during the market declines of the last few years, Zacks told
investors which stocks to sell or avoid.
Here is a synopsis of why GLT and FWLT have a Zacks Rank of #5
(Strong Sell) and should most likely be sold or avoided for the
next one to three months. Note that a #5 Strong Sell rating is
applied to 5% of all the stocks in the Zacks Rank universe:
P.H. Glatfelter Company (GLT) announced
third-quarter profit of 28 cents per share on November 1 that
missed analysts’ expectations by 17.65%. The Zacks Consensus
Estimate for the current year slid to 91 cents per share from $1
per share in the last 30 days as next year’s estimate dipped 25
cents per share to $1.10 per share in that time span.
Foster Wheeler AG (FWLT) posted a third-quarter
profit of 33 cents per share on November 2, which came in 11 cents
wider than the average forecast. The Zacks Consensus Estimate for
the full year fell to $1.53 per share from $1.67 per share over the
past month. For 2012, analysts expect a profit of $1.99 per share,
compared to last month’s projection for a profit of $2.23 per
share.
Here is a synopsis of why SJR and SMG have a Zacks Rank of 4
(Sell) and should also most likely be sold or avoided for the next
one to three months. Note that a #4 Sell rating is applied to 15%
of all the stocks ranked by Zacks;
Shaw Communications Inc. (SJR)
fourth-quarter profit of 34 cents per share, posted on October 20,
lagged analysts’ projections by 2.86%. Estimate for current year
slid 6 cents per share to $1.67 per share over a month as next
year’s estimate dipped 9 cents per share to $1.76 per share in that
time span.
The Scotts Miracle-Gro Company (SMG) reported a
fourth-quarter loss of 46 cents per share on November 8 that fell
2.22% short of the Zacks Consensus Estimate. The full-year average
forecast is currently $2.82 per share, compared with last month’s
projection of $3.21 per share. Next year’s forecast dropped to
$3.32 per share from $3.78 per share in the same period.
Truly taking advantage of the Zacks Rank requires the
understanding of how it works. The free special report;
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Revisions” is available to provide this insightful background.
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About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate
revisions are the most powerful force impacting stock prices."
Since inception in 1988, #1 Rank Stocks have generated an average
annual return of +28%. During the 2000-2002 bear market, Zacks #1
Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%.
Also note that the Zacks Rank system has just as many Strong Sell
recommendations (Rank #5) as Strong Buy recommendations (Rank #1).
Since 1988, Zacks Rank #5 stocks have significantly underperformed
the S&P 500 (2.8% versus +9.7%). Thus, the Zacks Rank system
allows investors to truly manage portfolio trading effectively.
Visit http://www.zacks.com/performance for information about the
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FOSTER WHELR AG (FWLT): Free Stock Analysis Report
GLATFELTER (GLT): Free Stock Analysis Report
SHAW COMMS-CL B (SJR): Free Stock Analysis Report
SCOTTS MIRCL-GR (SMG): Free Stock Analysis Report
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