Zacks Sell List Highlights FEI Company, Fossil, Amedisys and General Growth Properties.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): FEI Company FEI Company (NASDAQ: FEIC), founded in 1971, is a supplier of electron microscopy tools to researchers, developers and manufacturers working on the nanoscale. FEI's tools include ion and electron-beam technologies that enable users to characterize, analyze and (Nasdaq:FEIC FEIC Financial Executives International Canada ) and Fossil, Inc. (Nasdaq:FOSL FOSL Finding Of Suitability (for) Leasing FOSL Falling Off Seat Laughing ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Amedisys, Inc. (Nasdaq:AMED AMED Allied and Alternative Medicine (database / base de donnĂ©e) AMED Association for Management Education and Development AMED Army Medical (US Army) AMED Army Medical Department ) and General Growth Properties General Growth Properties (NYSE: GGP) is a publicly traded real estate investment trust in the United States. It is based in Chicago, Illinois. History The company was founded by two brothers, Martin and Matthew Bucksbaum, in 1954. (NYSE NYSE See: New York Stock Exchange :GGP GGP GPS (Global Positioning System) Guidance Package GGP Gateway-Gateway Protocol GGP Gotta Go Pee GGP Global Geodynamics Project GGP Globalization, Growth and Poverty (Canada) GGP Gotta Go Potty ). 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 FEIC and FOSL 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: FEI Company (Nasdaq:FEIC) generated a non-GAAP 19-cent per share loss in the fourth quarter. The result was far below analysts' expectations for a one-cent profit and represented the third miss in the past four quarters. Following the release of the report, five of the six covering analysts cut their projections for 2006. The new consensus estimate for a 2006 profit of 44 cents is approximately 38% below the forecast of just a month ago. Fossil, Inc. (Nasdaq:FOSL) recently topped fourth-quarter expectations, but analysts have been lowering their projections for 2006. The company generated a profit of 31 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. , two cents higher than the consensus estimate. In early February, prior to the earnings report, FOSL guided for a 2006 profit of approximately $1.05 per share. This guidance was below the then consensus estimate of $1.40 per share. Over the past 30 days, five of the six covering analysts have cut their projections for 2006, causing the consensus estimate to fall to $1.01 per share. Here is a synopsis of why AMED and GGP 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: Amedisys, Inc. (Nasdaq:AMED) said last week that fourth-quarter profits totaled 45 cents per share, 10 cents less than analysts had expected. The company said "transitional costs" adversely impacted its bottom line. The miss comes about two weeks after the company revised its guidance for 2006 to a profit of $2.33-$2.43 per share. Over the past month, three of the four covering analysts cut their forecasts for 2006. The new consensus estimate for a profit of $2.35 per share compares to the previous forecast for a profit of $2.56 per share. General Growth Properties (NYSE:GGP) recently reported fourth-quarter funds from operations Funds From Operations (FFO) Used by real estate and other investment trusts to define the cash flow from trust operations; earnings with depreciation and amortization added back. (FFO FFO See: Funds from operations ) of 91 cents per share. The result was 10 cents below analysts' projections and represented the second consecutive quarterly miss. GGP's guidance was also disappointing - the company anticipates FFO in 2006 to total $3.27-$3.37 per share versus the previous consensus estimate of $3.48 per share. Nine of the 13 covering analysts have cut their forecasts in response, causing the consensus estimate to fall to $3.38 per share. 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 +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. 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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