Zacks Sell List Highlights American Axle & Manufacturing, Gold Fields, Cray, and TIBCO Software.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): American Axle American Axle & Manufacturing, Inc. (commonly called American Axle or AAM), founded in Detroit, Michigan, is a manufacturer of automobile driveline, drivetrain, electronic integrated power units and chassis systems, as well as metal formed products. & Manufacturing (NYSE NYSE See: New York Stock Exchange :AXL) and Gold Fields Gold Fields Limited is one of the world’s largest unhedged producers of gold, providing investors with maximum leverage to the gold price. The company was formed in 1998 with the amalgamation of the gold assets of Gold Fields of South Africa Limited and Gencor Limited. Ltd. (NYSE:GFI GFI Ground Fault Interrupter GFI Go For It GFI Government-Furnished Information GFI Growing Families International GFI Goodness of Fit Indices GFI Government Financial Institutions (Philippines) GFI Gross Farm Income ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Cray 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 :CRAY) and TIBCO Software Tibco Software Inc. is a software company, with headquarters in Palo Alto, California. Tibco sells business process management and business integration software. History Vivek Ranadive founded the company as Teknekron Software Systems (TSS) in 1985. Inc. (NASDAQ:TIBX TIBX Tibco Software Incorporated (NASDAQ symbol) ). 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 Tout To promote a security in order to attract buyers. tout To foster interest in a particular company or security. For example, a broker might tout a security to a client in the hope that the client will purchase the security. 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 AXL and GFI have a Zacks Rank of 5 (Strong Sell) and should most likely be sold or avoided for the next 1 to 3 months. Note that a #5 Strong Sell rating is applied to 5% of all the Zacks ranked stocks: American Axle & Manufacturing (NYSE:AXL) predicted in its first-quarter earnings release, published on April 29, that full year earnings would be in the range of $1.40-$1.55 per share. This was a downward revision from the company's prior guidance, originally issued on January 13, for profits of $2.40-$2.55 per share. Over the past seven days, analysts have revised their forecasts to below AXL's guidance. Analysts now anticipate full-year earnings of $1.37 per share versus $1.40 a week prior. Gold Fields Ltd. (NYSE:GFI) has missed the consensus earnings estimates during three out of the last four quarters. Heading into the final month of the company's fiscal year, analysts are lowering their expectations. Over the past seven days, the consensus estimate for fiscal 2005 earnings has dropped 37% to 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. . Expectations for fiscal 2006 have also been revised downwards, from 39 cents to 37 cents per share. Here is a synopsis of why CRAY and TIBX 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: Cray Inc. (NASDAQ:CRAY) reported a first-quarter loss of 23 cents per share, in early May, versus the consensus estimate for a loss of seven cents per share. The surprise extended a streak of consecutive quarterly misses. Given this streak, it is not surprising that analysts have becoming increasingly more pessimistic about Cray's prospects for the remainder of the year. The current forecast for a full year loss of 40 cents per share represents a 38-cent negative revision from 90 days ago. TIBCO Software Inc. (NASDAQ:TIBX) recently released preliminary results for its fiscal second quarter. The company said revenues were in the range of $100-$102 million and non-GAAP earnings are estimated to have been four cents per share. Based on the consensus estimate of 30 days ago, this represents an earnings miss of two cents per share. During the past seven days, analysts have revised their second-quarter forecasts to match the company's preliminary results. TIBCO TIBCO The Information Bus Company will issue a full earnings report on June 23. 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. 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 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. 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 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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