Zacks Sell List Highlights: Chiquita Brands, YRC Worldwide, Shaw Group and SBA Communications.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): Chiquita Brands International Inc. (NYSE NYSE See: New York Stock Exchange : CQB CQB Close Quarters Battle CQB Close Quarter Battle (Mike Curtis novel) ) and YRC YRC Yellow Roadway Corporation YRC York Railway Company YRC Yokohama Rubber Company, Ltd. Worldwide Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : YRCW YRCW Yellow Roadway Corporation Worldwide ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Shaw Group Inc. (NYSE: SGR SGR Sustainable Growth Rate SGR Societa' di Gestione del Risparmio (Italian: Investment Management Company) SGR Specific Growth Rate SGR Surgeon General's Report SGR Soft Gamma-ray Repeater ) and SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government Communications Corp. (NASDAQ: SBAC SBAC Society of British Aerospace Companies SBAC Session-Based Admission Control SBAC Spina Bifida Association of Connecticut, Inc. SBAC SCSI Bus Adapter Chip ). 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 143.6% annually (11.8% vs. 4.8% 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 CQB and YRCW 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: Chiquita Brands International Inc. (NYSE: CQB) has seen this year's earnings estimates drop 45 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. over the past week. Moody's and S&P downgraded the company's ratings after a weak third-quarter report. The company blamed the weakness on lower demand in Europe and consumer fears over tainted taint v. taint·ed, taint·ing, taints v.tr. 1. To affect with or as if with a disease. 2. To affect with decay or putrefaction; spoil. See Synonyms at contaminate. 3. spinach. YRC Worldwide Inc. (NASDAQ: YRCW) has experienced a drop in analyst estimates. Earnings estimates for next year stand at $4.62 per share, down 65 cents from a week ago. The company said it expects fourth-quarter earnings between 95 cents and $1.05 per share, well below its prior outlook of between $1.40 and $1.50 per share. Here is a synopsis of why SGR and SBAC 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: Shaw Group Inc. (NYSE: SGR) has been the target of increasing bearishness by analysts. Over the past 90 days, this year's estimates have declined 13 cents per share. The new consensus estimate calls for $1.46 per share this year. The company was forced to restate past earnings due to accounting errors. SBA Communications Corp. (NASDAQ: SBAC) has seen its earnings estimates drop for next year. The current 2007 consensus estimate of a loss of 22 cents per share is 12 cents below the forecast of two months ago. Quarterly losses widened to $24.1 million, or 23 cents per share, from $14.4 million, or 19 cents per share, in the prior-year 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." A $10,000 investment in the Zacks Rank list made in 1988 would now be worth $1.77 million - equivalent to a 31.8% annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. 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 143.6% annually (+4.8% vs. +11.8%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively. Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks #1 Rank stocks and highlights those stocks poised to outperform the market. Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; this free newsletter today by visiting http://at.zacks.com/?id=94 About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , 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 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. (a)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. 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. |
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