ENTERCOM COMMUN (ETM) - Profit Tracks

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +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 VLCCF and ETM 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:

Knightsbridge Tankers Limited (VLCCF) reported third-quarter earnings of 48 cents per share on November 30, which came in nearly 13% short of analysts? expectations. The Zacks Consensus Estimate for the current year decreased 13 cents to a profit of $2.23 over the past month as 3 analysts out of 4 revised downwards. Next year?s forecast fell 24 cents to $1.95 per share during that period. Entercom Communications Corp.?s (ETM) third-quarter earnings of 29 cents per share, announced on November 5, lagged the Zacks Consensus Estimate by 6%. The Zacks Consensus Estimate for 2010 dropped 3 cents to a profit of $1.26 per share in the past 30 days, which reflected reductions by all the three covering analysts. Next years estimated dipped by 7 cents to 1.26 in the same time span. National Presto Industries Inc. (NPK) posted a third-quarter profit of $1.92 per share on October 29, which came in 54 cents lower than the analysts? expectations. The earnings per share reduced nearly 21% to $1.92 year over year. The full-year average forecast fell 58 cents per share to $8.99 in the last 60 days as the covering analysts slashed estimates. Home Inns & Hotels Management Inc.?s (HMIN) third-quarter earnings of 26 cents per share, reported last month, was 23 cents worse than analysts? projections. The Zacks Consensus Estimate for 2010 stands at a $1.42 per share which dipped 9 cents in the last month as the only covering analyst pulled back on expectations. Estimate for the following year fell 3 cents to a profit of $1.79 per share in that time span.
 
ENTERCOM COMMUN (ETM): Free Stock Analysis Report
 
HOME INNS&HOTEL (HMIN): Free Stock Analysis Report
 
NATL PRESTO IND (NPK): Free Stock Analysis Report
 
KNIGHTSBRIDGE (VLCCF): Free Stock Analysis Report
 
Zacks Investment Research

Here is a synopsis of why NPK and HMIN 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;

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