Zacks Sell List Highlights Performance Food Group, SFBC International, AtheroGenics, and Sun Microsystems.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): Performance Food Group (Nasdaq:PFGC PFGC Performance Food Group Co (stock symbol) ) and SFBC SFBC Science Fiction Book Club SFBC Swiss Federal Banking Commission (Switzerland) SFBC South Florida Bible College SFBC San Francisco Bicycle Coalition SFBC South Florida Building Code SFBC South Florida Bioavailability Clinic International (Nasdaq:SFCC SFCC Santa Fe Community College (New Mexico) SFCC Spokane Falls Community College SFCC State Fair Community College (Sedalia, MO) SFCC South Florida Community College (Avon Park, FL) ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: AtheroGenics, Inc. (Nasdaq:AGIX AGIX AtheroGenics, Inc (stock symbol) ) and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Inc. (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ). 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 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 PFGC and SFCC 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: Performance Food Group (Nasdaq:PFGC) has missed earnings expectations for four consecutive quarters. Last week, the company issued guidance for 2006. PFGC expects to generate profits of $1.20-$1.30 per share versus the former consensus estimate of $1.34 per share. Four of the six covering analysts cut their forecasts in response, causing the consensus estimate to drop by eight cents to $1.26 per share. SFBC International (Nasdaq:SFCC) recently issued new guidance for 2005 profits. The company anticipates having generated earnings of $1.71-$1.76 per share on a non-GAAP basis. The revised guidance was below the consensus estimate of $1.80 per share. Analysts have since cut their forecasts for 2005 and 2006. The new estimates are $1.65 (a 15-cent reduction) and $1.67 (an eight-cent reduction). Here is a synopsis of why AGIX and SUNW 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: AtheroGenics, Inc. (Nasdaq:AGIX) has missed earnings expectations twice during the past five quarters. Over the past three months, analysts have been cutting their forecasts for 2005 results. The current consensus estimate for a loss of $2.34 per share compares to the 90-day old estimate for a loss of $2.29. Sun Microsystems, Inc. (Nasdaq:SUNW) has missed earnings expectations for two consecutive quarters. Over the past 90 days, analysts have been significantly lowering their forecasts for fiscal 2006. The current consensus estimate for a loss of four 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. compares to the three-month old estimate for a profit of three cents 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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