Zacks Sell List Highlights: Fleetwood Enterprises, Delta Petroleum, eResearch and AU Optronics.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): Fleetwood Enterprises Fleetwood Enterprises, Inc. is a leading producer of both recreational vehicles and manufactured housing. It was founded in 1950 by John Crean, and its headquarters are in Riverside, California. It has annual revenues of approximately $2 billion. Inc. (NYSE NYSE See: New York Stock Exchange : FLE FLE Français Langue Étrangère FLE Family Life Educator FLE Functional Literacy Exam FLE Foreign Legal Entity FLE Future Logistics Enterprise FLE Forward Logistics Element FLE Fatigue Life Expended FLE Firefly Lantern Extract ) and Delta Petroleum Corp. (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 : DPTR DPTR Data Pointer Register DPTR Division of Pediatric Translational Research and Treatment Development (US National Institute of Mental Health) DPTR Diplomatic Pouch Tournament Ratings DPTR Dynamic Progressive Transmission of Resolution ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: eResearchTechnology Inc. (NASDAQ: ERES) and AU Optronics Optronics, or optoelectronics in its less abbreviated form, is the science and technology making use of optics and electronics. It is sometimes synonymous with photonics, however the latter has a lesser emphasis on electronics. Corp. (NYSE: AUO AUO Au Optronics Corporation AUO Administratively Uncontrollable Overtime AUO Active User Object AUO Aggravated Unlicensed Operation (of a Motor Vehicle) AUO Area Utilization Officer AUO alt.usenet. ). 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 Co 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 FLE and DPTR 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: Fleetwood Enterprises Inc. (NYSE: FLE) has seen next year's earnings estimates drop 12 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 month. Fleetwood said second-quarter revenue fell 16% to about $528 million in the three months ended Oct. 29 from $630 million in the same period last year. This was well below expectations. Delta Petroleum Corp. (NASDAQ: DPTR) has experienced a drop in analyst estimates. Earnings estimates for this year stand at a loss of 34 cents per share, down 24 cents from 60 days ago. The company reported a wider third-quarter loss that missed Wall Street's expectations. Here is a synopsis of why ERES and AUO 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: eResearchTechnology Inc. (NASDAQ: ERES) has been the target of increasing bearishness bear·ish adj. 1. Clumsy, boorish, and surly. 2. a. Causing, expecting, or characterized by falling stock-market prices. b. by analysts. Over the past week, this year's estimates have declined 20%. The new consensus estimate calls for 16 cents per share next year. The company said its profit fell in the third quarter, due in part to charges associated with a change in management. AU Optronics Corp. (NYSE: AUO) has seen its earnings estimates drop for this year. The current 2006 consensus estimate of 51 cents per share is 14 cents below the forecast of a month ago. The company posted a worse-than-expected 89% slump in third- quarter profits on sagging screen prices. 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 Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. 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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