CAG ConAgra Brands Inc

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +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 WDFC and HRBN 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:

WD-40 company (WDFC) announced third-quarter profit of 47 cents per share on July 7 that missed analysts? expectations by 9.62%. The Zacks Consensus Estimate for the current year slipped to $2.07 cents per share from $2.10 per share in the last 30 days as next year?s estimate dipped 9 cents per share to $2.37 per share in that time span.

Harbin Electric, Inc. (HRBN) posted a first-quarter profit of 34 cents per share on May 10, which came in 24 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $2.14 per share from $2.31 per share over the past two months. For 2012, analysts expect a profit of $2.78 per share, compared to last two month?s projection for a profit of $2.93 per share.

Here is a synopsis of why CAG and PSS 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;

CongAgra Foods, Inc. (CAG) fourth-quarter profit of 47 cents per share, posted on Jun 23, lagged analysts? projections by 2.08%. Estimate for current year slid 9 cent per share to $1.81 per share over two months as next year?s estimate dipped 7 cents per share to $1.99 per share in that time span.

Collective Brands Inc. (PSS) reported a first-quarter profit of 42 cents per share on May 24 that fell 48.78% short of the Zacks Consensus Estimate. The full-year average forecast is currently $1.05 per share, compared with last month?s projection of $1.13 per share. Next year?s forecast dropped to $1.46 per share from $1.54 per share in the same period.
 
CONAGRA FOODS (CAG): Free Stock Analysis Report
 
HARBIN ELEC INC (HRBN): Free Stock Analysis Report
 
COLLECTIVE BRND (PSS): Free Stock Analysis Report
 
WD 40 CO (WDFC): Free Stock Analysis Report
 
Zacks Investment Research