CHICAGO, March 3, 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): Crucell N.V.
(ADR) (Nasdaq: CRXL) and Avon Products, Inc. (NYSE:
AVP). Further, Zacks announced #4 Rankings (Sell) on two other
widely held stocks: Bemis Company, Inc. (Nasdaq: BMS) and
Carpenter Technology Corporation (NYSE: CRS). 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 CRXL and AVP 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:
Crucell N.V. (ADR) (Nasdaq: CRXL) announced a
fourth-quarter loss of 12 cents per
share on Feb 8, which was
2 cents wider than the Zacks
Consensus Estimate. The company posted their earnings per share
which fell by 147% on a year-over-year basis. For 2011, the average
forecast fell 4 cents fell
4 cents to a profit of 61 cents per share from 57
cents in the last 7 days.
Avon Products, Inc. (NYSE: AVP) posted fourth-quarter
earnings of 59 cents per share on
Feb 8 while analysts projected a
profit of 67 cents. The fourth
quarter EPS fell 12 cents to 50 cents
per share. The Zacks Consensus Estimate for the full year slipped
15 cents to $2.01 per share in the last 30 days as 15
analysts out of 16 reduced expectations. The following year's
forecast decreased 15 cents to a
profit of $2.26 per share in that
time span.
Here is a synopsis of why BMS CRS 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;
Bemis Company, Inc. (Nasdaq: BMS) reported a fourth
-quarter profit of 49 cent per share
last month, which fell nearly 4% short of the Zacks Consensus
Estimate. The full-year average forecast dropped 6 cents to $2.40
per share over the past month as 7 out of 11 covering analysts cut
back on projections. During that time, next year's estimate
declined 10 cents to $2.70 per share.
Carpenter Technology Corporation's (NYSE: CRS)
second-quarter profit of 21 cents per
share, posted on Jan 25, came in
3 cents worse than the average
forecast. The Zacks Consensus Estimate for the current year is
pegged at a profit of $1.26 cents per
share, 12 cents wider than the
projections made 60 days back. Next year's forecast fell
4 cents to a profit of $2.74 per share.
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
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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.
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Disclaimer: Past performance does not guarantee future
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security.
Contact: Michael
Vodicka
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SOURCE Zacks Investment Research, Inc.