2009-10-14 23:06:06 -
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): Cal-Maine Foods Inc. (NASDAQ: CALM :
) and Blyth Inc. (NYSE: BTH :
).
Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Navistar International Corporation (NYSE: NAV :
) and Dycom Industries, Inc. (NYSE: DY :
).
To see the full Zacks #5 Rank List - Stocks to Sell Now visit: at.zacks.com/?id=92 :
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 CALM and BTH 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.
Cal-Maine Foods Inc. (NASDAQ: CALM :

) reported a first-quarter loss of 16 cents per share on Sept 28 while analysts expected a profit of 18 cents. Quarterly results were affected by lower selling prices. Revenues declined 9% to $187.7 million. The Zacks Consensus Estimate for the current year dropped to $2.79 per share from $3.31 over the past month, reflecting cuts by 2 out of 3 analysts.
Blyth Inc. (NYSE: BTH :

) swung to a second-quarter loss of 1 cent per share while the Zacks Consensus Estimate was pegged at 34 cents. In the prior-year quarter, the company had earned 36 cents per share. Sales for the quarter slipped 16% to $199.4 million. The Zacks Consensus Estimate for the full year is pegged at $2.35 per share, down from a two month-ago level of $2.65.
Here is a synopsis of why NAV and DY 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;
Navistar International Corporation (NYSE: NAV :

) cut its full-year profit outlook to a range of $2.55 to $2.85 per share from a prior view of $2.80 to $3.10. The Zacks Consensus Estimate now stands at $2.45 per share, compared with the forecast of $2.90, a couple of months ago. Navistar posted a third-quarter loss of 42 cents per share on Sept 10, widely missing analysts’ expectations for a profit of 66 cents.
Dycom Industries, Inc. (NYSE: DY :

) posted a fourth-quarter profit of 17 cents per share on Aug 26, which is a decrease of 26% compared to last year's earnings of 23 cents per share. Revenues declined to $269.7 million from $322.1 million. For the full year, the Zacks Consensus Estimate is 57 cents per share that dropped a penny over the last 60 days.
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
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
www.zacks.com/performance :

for information about the performance numbers displayed in this press release.
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Zacks.comMichael Vodicka312-265-9226
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