Zacks Sell List Highlights: NOVA Chemicals, Pilgrim's Pride, GHM Communities Trust and The Wm. Wrigley Jr. Company.

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): NOVA Chemicals (NYSE:NCX) and Pilgrim's Pride Corporation (NYSE:PPC). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: GMH Communities Trust (NYSE:GCT) and The Wm. Wrigley Jr. Company (NYSE:WWY). 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 (11.8% vs. 4.6% 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 NCX and PPC 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:

NOVA Chemicals' (NYSE:NCX) CEO, Jeffrey Lipton, recently told shareholders that he expects improved results this year and next year. Although analysts are forecasting profits to rise this year, they have been becoming less optimistic about the actual rate of growth. Over the past 60 days, the consensus estimate has dropped 66 cents to $3.43 per share.

Pilgrim's Pride Corporation (NYSE:PPC) topped expectations over the past several quarters, but this track record did not stop one of the three covering analysts from cutting his forecast for 2006 earnings. During the past week, the consensus estimate has dropped by 15 cents to $1.07. Two months ago, the consensus estimate had called for full year earnings of $2.30 per share.

Here is a synopsis of why GCT and WWY 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:

GMH Communities Trust (NYSE:GCT) expects to file its annual report with the SEC by May 15; the report is being delayed by an internal investigation. GCT anticipates 2005 FFO (funds from operations) to have totaled 65-70 cents per share. Analysts have cut their forecasts for both 2005 and 2006 over the past month by 15 cents and nine cents, respectively. The new estimates call for profits of 68 cents and 88 cents per share, respectively.

The Wm. Wrigley Jr. Company (NYSE:WWY) recently estimated the impact of expensing options to be approximately 11 cents per share in 2006. Following this projection, eight of the ten covering analysts revised their forecasts for 2006. The current estimate of $2.58 per share is nine cents below the forecast of a week ago.

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

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For over 17 years, 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 +33%. 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 (+4.6% vs. +11.8%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

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