CHICAGO, March 22, 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): Standard
Parking Corporation (Nasdaq: STAN) and Getty Realty
Corp. (NYSE: GTY). Further, Zacks announced #4 Rankings (Sell)
on two other widely held stocks: Owens-Illinois, Inc. (NYSE: OI) and The
Marcus Corporation (NYSE: MCS). 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 STAN and GLRE 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:
Standard Parking Corporation's (Nasdaq: STAN)
fourth-quarter earnings of 29 cents
per share, reported on March 9, came
in a penny short of analysts' expectations. For 2011, the Zacks
Consensus Estimate moved down 9 cents
to a profit of $1.17 per share over
the past month as 4 out of the 5 covering analysts cut back on
projections.
Getty Realty Corp. (NYSE: GTY) posted a fourth-quarter
profit of 48 cents per share on
Feb 15 in contrast to the Zacks
Consensus Estimate for a profit of 50
cents. The full-year average forecast is pegged at a profit
of $2.09 per share, which declined
from $2.20 in the last 30 days.
During that time, next year's estimate slid 6 cents to $2.06
per share.
Here is a synopsis of why OI and MCS 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;
Owens-Illinois, Inc.'s
(NYSE: OI) fourth-quarter earnings of 45
cents per share, announced on Jan
27, missed analysts' expectations by 4%. Revenues for the
fourth quarter fell by nearly 50%. The Zacks Consensus Estimate for
2011 dipped 18 cents to $2.87 per share over the past couple of months.
The same period has seen a decline of 23
cents in the forecast for 2012, which now stands at
$3.47 per share.
The Marcus Corporation (NYSE: MCS) reported a
third-quarter loss of 7 cents per
share last on March 16 while analysts
anticipated a profit of 5 cents. The
Zacks Consensus Estimate for the current year fell 10 cents to a profit of 47
cents per share in the last 7 days as both the covering
analysts pulled back on expectations. Estimate for next year is
pegged at a profit of 62 cents per
share, 5 cents lower than a week-ago
projection.
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 +27%. 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 (-0.9% versus +9%). 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 Leonard
Zacks. As a PhD in mathematics 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.
Contact: Michael Vodicka
Company: Zacks.com
Phone: 312-265-9226
Email: pr@zacks.com
Visit: www.Zacks.com
SOURCE Zacks Investment Research, Inc.