CHICAGO, May 4, 2011 /PRNewswire/ -- 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): Knight
Transportation (NYSE: KNX) and The Advisory Board
Company (Nasdaq: ALEX). Further, Zacks announced #4 Rankings
(Sell) on two other widely held stocks: Landauer, Inc.
(Nasdaq: LDR) and Harbin Electric, Inc. (Nasdaq: KRBN). To
see the full Zacks #5 Rank List - Stocks to Sell Now visit:
http://at.zacks.com/?id=92
(Logo:
http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
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 KNX and ALEX 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:
Knight Transportation (NYSE: KNX) announced first
-quarter earnings of 12 cents per
share on April 20 that missed
analysts' expectations by 29%. This apart the earnings missed the
previous year's earnings results by 3
cents. The Zacks Consensus Estimate for the current year
slipped 7 cents to 82 cents per share
in the last 30 days as 21 out of the 25 covering analysts reduced
estimates. Next year's estimate dipped 6
cents to $1.02 per share in
that time span.
The Advisory Board Company (Nasdaq: ALEX) posted a
first-quarter profit of 20 cents per
share yesterday, which came in 24
cents wider than the average forecast. The diluted earnings
per share fell 7 cents to a profit of
3 cents on March 2011 as compared to results of March 2010. The Zacks Consensus Estimate for the
full year fell 22 cents to a profit
of $1.76 per share from $1.98 over the past couple of months. For 2012,
analysts expect a profit of $2.41 per
share, compared to projections of a profit of $2.46 per share in a span of 60 days.
Here is a synopsis of why LDR and HRBN 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;
Landauer, Inc.'s (Nasdaq: LDR) second-quarter profit of
63 cents per share, posted on
May 3, lagged analysts' projections
by nearly 6%. For 2011, the Zacks Consensus Estimate moved down a
penny to a profit of $2.69 per share
in the last 7 days as 1analyst out of 3 cut back on forecasts.
Estimate for next year slid 6 cents
to a profit of $2.96 per share during
that time period.
Harbin Electric, Inc. (Nasdaq: KRBN) reported a
fourth-quarter profit of 50 cents per
share on March 16 that fell 17% short
of the Zacks Consensus Estimate. The full-year average forecast is
currently $3.02 per share, compared
to projections of $3.04 made 60 days
back. Next year's forecast dropped 1
cent to $3.52 per share in the
same period.
Truly taking advantage of the Zacks Rank requires the
understanding of how it works. The free special report;
"Zacks Rank Guide: Harnessing the Power of Earnings Estimate
Revisions" is available to provide this insightful background.
Download a free copy now to prosper in the years to come at
http://at.zacks.com/?id=93
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
performance numbers displayed in this press release.
Zacks "Profit from the Pros" e-mail newsletter offers continuous
coverage of Zacks Rank Buy stocks and highlights those stocks
poised to outperform the market. Subscribe to this free newsletter
today by visiting http://at.zacks.com/?id=94
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc.,
which was formed in 1978 by Len
Zacks. As a PhD from MIT Len knew he could find patterns in
stock market data that would lead to superior investment results.
Amongst his many accomplishments was the formation of his
proprietary stock picking system; the Zacks Rank, which continues
to outperform the market by nearly a 3 to 1 margin. The best way to
unlock the profitable stock recommendations and market insights of
Zacks Investment Research is through our free daily email
newsletter; Profit from the Pros. In short, it's your steady
flow of Profitable ideas GUARANTEED to be worth your time! Register
for your free subscription to Profit from the Pros at
http://at.zacks.com/?id=95
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook:
http://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with
affiliated entities (including a broker-dealer and an investment
adviser), which may engage in transactions involving the foregoing
securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future
results. Investors should always research companies and
securities before making any investments. Nothing herein should be
construed as an offer or solicitation to buy or sell any
security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
SOURCE Zacks Investment Research, Inc.