Zacks Sell List Highlights: ZHONGPIN INC. Kimberly-Clark, Papa John's Int'l and hhgregg - Press Releases
For Immediate Release
Chicago, IL –November 11, 2010 – 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): ZHONGPIN INC. (HOGS) and Kimberly-Clark Corporation (KMB). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Papa John's Int'l, Inc. (PZZA) and hhgregg, Inc. (HGG). To see the full Zacks #5 Rank List - Stocks to Sell Now visit: http://at.zacks.com/?id= 5522
Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs. +10%). 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 HOGS and KMB 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:
ZHONGPIN INC. (HOGS) reported a third quarter profit of 42 cents per share on November 9, that missed analysts' expectations by nearly 2%. The Zacks Consensus Estimate for the current year decreased to $1.62 per share from $1.63 over the past week as 1 out of 5 analysts pulled back on estimates. During that period next year's average forecast fell 6 cents to $1.97.
Kimberly-Clark Corporation (KMB)posted a third quarter profit of $1.14 per share on October 26, which lagged analysts' projections by 11%. The Zacks Consensus Estimate for 2010 slid 18 cents to $ 4.64 per share in the last 30 days as all the 13 covering analysts revised downward. The average forecast for the same period next year declined 22 cents to $5.01.
Here is a synopsis of why PZZA and HGG 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;
Papa John's Int'l, Inc. (PZZA) third quarter earnings per share of 32 cents, reported on November 3, missed the Zacks Consensus Estimate by nearly 9%. The full year average forecast moved down a couple of cents at a profit of $1.76 per share in the past 7 days, reflecting cuts by all the 6 covering analysts.
hhgregg, Inc. (HGG) reported second -quarter profit of 10 cents per share on November 9 that fell 38% short of the Zacks Consensus Estimate. The full-year average forecast is currently $1.36 per share, compared with last week's projection for a profit of $1.44. During that time, 15 analysts out of 16 revised downward. Next year's forecast dropped 5 cents to $1.75 per share in the same time span.
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= 5523
Since 1988, 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 +28%. 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 significantly underperformed the S&P 500 (+2% versus +10%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
Visit http://www.zacks.com /performance for information about the performance numbers displayed in this press release.
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HHGREGG INC (HGG): Free Stock Analysis Report
ZHONGPIN INC (HOGS): Free Stock Analysis Report
KIMBERLY CLARK (KMB): Free Stock Analysis Report
PAPA JOHNS INTL (PZZA): Free Stock Analysis Report
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