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Zacks Sell List Highlights: Northern Oil & Gas, Dean Foods, Blueknight Energy Partners L.P. and Albany International - Press Releases


For Immediate Release

Chicago, IL – May 27, 2010 – 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): Northern Oil & Gas, Inc. (NOG) and Dean Foods (DF). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Blueknight Energy Partners L.P. (BKEP) and Albany International Corp. (AIN). To see the full Zacks #5 Rank List - Stocks to Sell Now visit:

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 NOG and DF 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:

Northern Oil & Gas, Inc. (NOG) announced first-quarter earnings of 3 cents per share on May 6 that lagged analysts’ expectations by 57%. For 2010, the Zacks Consensus Estimate stands at a profit of 37 cents per share that dropped 6 cents over the past month as the only covering analyst slashed projections. Next year’s estimate moved down 29 cents to 86 cents per share in the same period.

Dean Foods' (DF) first-quarter earnings of 23 cents per share, reported on May 10, not only missed analysts’ projections by nearly 18% but also decreased 56% on a year-over-year basis. The Zacks Consensus Estimate for the full year slipped 47 cents to $1.07 per share in the last 30 days as all of the 14 covering analysts cut forecasts. The following year’s estimate fell 47 cents to $1.23 during that time.

Here is a synopsis of why BKEP and AIN 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;

Blueknight Energy Partners L.P. (BKEP) reported a first-quarter loss of 14 cents per share on May 9, compared with analysts’ expectations for a loss of 5 cents. Quarterly revenues slumped to $37 million from prior year’s $42.2 million. The Zacks Consensus Estimate for the current year decreased 8 cents to a profit of 6 cents per share in the last month as 2 out of 3 analysts revised downward.

Albany International Corp. (AIN) posted first-quarter earnings of 20 cents per share earlier this month, which came in 35% short of the average forecast. The Zacks Consensus Estimate for 2010 declined 19 cents to $1.35 per share over the past month as one analyst out of 3 cut back on expectations. Estimate for 2011 dipped a penny to $1.75 per share in that 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

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.

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The preceding 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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