CHICAGO, July 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): SangPharma
Corp (NYSE: SHP) and Lincare Holdings Inc. (Nasdaq:
LNCR). Further, Zacks announced #4 Rankings (Sell) on two other
widely held stocks: American Eagle Outfitters (NYSE: AEO)
and The Pep Boys- Manny, Moe & Jack (NYSE: PBY).
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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 SHP and LNCR 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:
SangPharma Corp (NYSE: SHP) announced first-quarter
profit of 16 cents per share on
May 19 that missed analysts'
expectations by 23.81%. The Zacks Consensus Estimate for the
current year slipped to 95 cents per
share from $1.04 per share in the
last 60 days as next year's estimate dipped 9 cents per share to $1.10 per share in that time span.
Lincare Holdings Inc. (Nasdaq: LNCR) posted a
second-quarter profit of 45 cents per
share on July 18, which came in
6 cents wider than the average
forecast. The Zacks Consensus Estimate for the full year fell to
$1.94 per share from $2.11 over the past month. For 2012, analysts
expect a profit of $2.22 per share,
compared to last month's projection for a profit of $2.42 per share.
Here is a synopsis of why AEO and PBY 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;
American Eagle Outfitters (NYSE: AEO) first-quarter
profit of 13 cents per share, posted
on May 25, lagged analysts'
projections by 7.14%. Estimate for current year slid 1 cent per share to 95
cents per share over a month as next year's estimate dipped
2 cents per share to $1.08 per share in that time span.
The Pep Boys- Manny, Moe & Jack (NYSE: PBY) reported
a first-quarter profit of 23 cents
per share on June 7 that fell 23.33%
short of the Zacks Consensus Estimate. The full-year average
forecast is currently 72 cents per
share, compared with last month's projection of 76 cents per share. Next year's forecast dropped
to 96 cents per share from
$1.01 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.
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