Zacks Sell List Highlights: Boyd Gaming, Lions Gate, Sara Lee and Avon Products.

CHICAGO -- 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): Boyd Gaming Corp. (NYSE:BYD) and Lions Gate Entertainment Corp. (NYSE:LGF). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Sara Lee Corporation (NYSE:SLE) and Avon Products Inc. (NYSE:AVP). 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 -- Stocks to Sell Now by 129.7% annually (11.9% vs. 5.2% respectively). 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 BYD and LGF 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:

Boyd Gaming Corp. (NYSE:BYD) has seen a flurry of analysts lower this year's estimates. Over the past 90 days, eight analysts have decreased 2006 estimates. The current consensus estimate, for full year earnings of $2.61 per share, is eight cents below the projection of two months ago, while full year 2007 estimates of $2.72 per share are 11 cents below the forecast of two months ago.

Lions Gate Entertainment Corp. (NYSE:LGF) has seen this fiscal-year's earnings estimates drop seven cents to 31 cents per share over the past two months. Over that time period, two out of the five analysts covering the stock lowered their numbers. The company has missed earnings estimates in three out of the past four quarters.

Here is a synopsis of why SLE and AVP 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:

Sara Lee Corporation (NYSE:SLE) has seen its earnings estimates drop for this year. The current consensus estimate of $1.12 per share is seven cents below the forecast of three months ago. Three analysts have negatively revised their earnings estimates over the past 90 days. SLE has missed expectations during each of the past two quarters.

Avon Products Inc. (NYSE:AVP) has been the target of increasing bearishness by analysts. Over the past two months, full year estimates have declined by 22 cents. The new consensus estimate calls for profits to total $1.12 per share this year. Five analysts have lowered 2006 estimates over the past 90 days.

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." A $10,000 investment in the Zacks Rank list made in 1988 would now be worth $1.82 million - equivalent to a 33% annualized return! 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 underperformed the S&P 500 by 129.7% annually (+5.2% vs. +11.9%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

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