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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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About Zacks

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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.

Contact: Michael Vodicka
Company: Zacks.com
Phone: 312-265-9226
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Visit: www.zacks.com

 


 
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
 
Zacks Investment Research

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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