Zacks Sell List Highlights: Columbia Sportswear, Silicon Laboratories, Rent-A-Center, and Sanmina-SCI.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): Columbia Sportswear Columbia Sportswear Company NASDAQ: COLM is a United States company that manufactures and distributes outerwear and sportswear. Founded in 1938 by the late Paul Lamfrom, father of present chairperson Gert Boyle, the company is headquartered in Portland, Oregon. Company (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 :COLM COLM Column COLM Colorado National Monument (US National Park Service) COLM Committee On Lay Ministry ) and Silicon Laboratories, Inc. (NASDAQ:SLAB). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Rent-A-Center, Inc. (NASDAQ:RCII RCII Residential Commercial Institutional and Industrial ) and Sanmina-SCI Corporation Sanmina-SCI Corporation (NASDAQ: SANM), is a global electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers in technology-related industries such as communications and computer hardware. (NASDAQ:SANM). 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 155.5% annually (11.88% vs. 4.65% 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 COLM and SLAB 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 Zacks ranked stocks: Columbia Sportswear Company (NASDAQ:COLM) reported first-quarter profits of 52 cents, two cents above the consensus estimate, but said its consolidated backlog decreased 4% when changes in currency rates are excluded. Columbia Sportswear CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Tim Boyle Tim Boyle (born January 28, 1984) is an Australian rules football player, playing forward with the Hawthorn Hawks of the Australian Football League. His career has been plagued by injuries. said there was significant weakness in North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. outwear orders, particularly fall products. Last fall's weather conditions, competitive pressures, the timing of certain orders, and consolidation at key customers have negatively impacted COLM's backlog. Not surprisingly, analysts have become more cautious about the company's short-term outlook. Over the past seven days, the consensus estimate for full-year earnings dropped to $3.24 per share from $3.67 - a 13.3% decrease. Silicon Laboratories (NASDAQ:SLAB) reported non-GAAP first-quarter profits of 29 cents, two cents above the consensus estimate, but 24% below year-ago earnings. The company also said that its CEO, Daniel Artusi, resigned to pursue other interests. Analysts became more pessimistic about the stock following the earnings report, as is evident by the full-year consensus forecast. Analysts now anticipate SLAB earning $1.22 per share this year, a 13-cent, or 11%, downward revision. Here is a synopsis of why RCII and SANM 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: Rent-A-Center, Inc. (NASDAQ:RCII) experienced a 5% decline in same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. during the first quarter. This decline, and an increase in operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , led to earnings of 56 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. , a penny below the consensus estimate. The company warned that higher energy costs and a difficult retail environment are presenting challenges. Analysts reacted to the results by lowering their full-year forecast by 12 cents, or 5%, to earnings of $2.28 per share. Sanmina-SCI Corporation (NASDAQ:SANM) exceeded fiscal second-quarter earnings expectations by a penny with non-GAAP profits of six cents, but guided below the consensus estimate for its fiscal third-quarter. The company expects to earn between five to seven cents on a non-GAAP basis during its third quarter; seven days ago, the consensus estimate called for profits of eight cents. The new consensus estimate of six cents per share represents a 25% downward revision. 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 For over 17 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time 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 +32.8%. 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 155.5% annually (+4.65% vs. +11.88%). 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 The Zacks Rank, and all of its recommendations, is created by Zacks & Co., member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . Zacks.com displays the Zacks Rank with permission from Zacks & Co. on its web site for individual investors. 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Register for a free subscription to the Profit From the Pros newsletter 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. 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