CHICAGO, March 10, 2011 /PRNewswire/ -- 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 USANA Health
Sciences, Inc. (Nasdaq: USNA) and Conceptus, Inc.
(Nasdaq: CPTS). Further, Zacks announced #4 Rankings (Sell) on two
other widely held stocks: TPC Group, Inc. (Nasdaq: TPCG) and
Stepan Company (NYSE: SCL). To see the full Zacks #5 Rank
List - Stocks to Sell Now visit: http://at.zacks.com/?id=92
(Logo:
http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
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 USNA and CPTS 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:
USANA Health Sciences, Inc.' (Nasdaq: USNA)
fourth-quarter earnings of 75 cents
per share, reported on Feb 9, missed
the Zacks Consensus Estimate by nearly 10%. The last month has seen
downward revisions by all the 5 covering analysts, pulling the
full-year average forecast down by 43
cents to $2.92 per share.
Moreover, the following year's estimate fell 20 cents to $3.45
per share during that time.
Conceptus, Inc. (Nasdaq: CPTS) announced fourth-quarter
earnings of 14 cents per share on
Feb 24, which was 4 cents short of the Zacks Consensus Estimate.
Gross profit margin was 81.9% of net sales for the fourth quarter
of 2010, compared with 82.2% for the fourth quarter of
2009. The year-over-year decrease in gross profit margin was
primarily the result of lower international average selling prices
due to foreign currency. The full-year average forecast slid
13 cents to 14 cents per share in the
last 30 days as 6 analysts out of 10 cut estimates.
Here is a synopsis of why TPCG and SCL 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;
TPC Group, Inc. (Nasdaq: TPCG) posted a second-quarter
profit of 7 cents per share on
March 3 that was 70% behind the
average forecast. The Zacks Consensus Estimate for 2011 decreased
36 cents to $1.97 per share over the past week as the only
covering analyst cut back on projections.
Stepan Company (NYSE: SCL) On Feb
8, the company reported earnings per share of $1.02, which fell 12% short of the Zacks
Consensus Estimate. For the current year, the average forecast
moved down 16 cents to a profit of
$6.51 per share in the last 30 days
as the only covering analyst lowered expectations.
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
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 +27%. 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 (-0.9% versus +9%). 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.
Zacks "Profit from the Pros" e-mail newsletter offers continuous
coverage of Zacks Rank Buy stocks and highlights those stocks
poised to outperform the market. Subscribe to this free newsletter
today by visiting http://at.zacks.com/?id=94
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc.,
which was formed in 1978 by Leonard
Zacks. As a PhD in mathematics Len knew he could find
patterns in stock market data that would lead to superior
investment results. Amongst his many accomplishments was the
formation of his proprietary stock picking system; the Zacks Rank,
which continues to outperform the market by nearly a 3 to 1 margin.
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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
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Company: Zacks.com
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SOURCE Zacks Investment Research, Inc.