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Zacks Sell List Highlights: 7 DAYS GROUP HOLDINGS LIMITED (ADR), China Lodging Group, Ltd (ADR), The E.W. Scripps Company and StoneMor Partners L.P.

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May 24, 2011 | Comment(s): 0
Recommended this article (6)
SVN | HTHT | SSP | STON

For Immediate Release

Chicago
, IL – May 24, 2011 – 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): 7 DAYS GROUP HOLDINGS LIMITED (ADR) (SVN - Snapshot Report) and China Lodging Group, Ltd (ADR) (HTHT - Snapshot Report).  Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: The E.W. Scripps Company (SSP - Snapshot Report) and StoneMor Partners L.P. (STON - Snapshot Report). To see the full Zacks #5 Rank List - Stocks to Sell Now visit: http://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 SVN and HTHT 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:

7 DAYS GROUP HOLDINGS LIMITED(ADR) (SVN - Snapshot Report) announced first-quarter earnings of a penny per share on May 11, which missed the Zacks Consensus Estimate by 80%. For 2011, the average forecast is currently pegged at 55 cents per share, which declined 4 cents over the past months. Estimates for 2012 slid 7 cents to 84 cents per share in that period.

China Lodging Group, Ltd (ADR) (HTHT - Snapshot Report) posted first-quarter loss of 4 cents per share earlier this month, which marked 200% year-over-year decrease. The Zacks Consensus Estimate for the full year slipped a penny to 7 cents per share in the last 30 days as 3 out of the 6 covering analysts slashed forecasts. The following year’s forecast dipped 10 cents to a profit of 83 cents per share over the past month.

Here is a synopsis of why SSP and STON 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;

The E.W. Scripps Company
(SSP - Snapshot Report) reported a first-quarter loss of 13 cents per share on May 10, which came in 8 cents wider than the Zacks Consensus Estimate. The full-year average forecast now stands at a loss of 11 cents per share, compared with last month’s projection for a loss of 3 cents. During that time, the only covering analysts reduced forecasts.

 StoneMor Partners L.P.‘s (STON - Snapshot Report) first-quarter loss of 15 cents per share, posted on May 10, lagged the average forecast by 36%. The Zacks Consensus Estimate for the current year fell 24 cents to a loss of 41 cents per share over the past month as one analyst out of 2 cut back on expectations. Next year’s forecast dipped 2 cents to a loss of 14 cents per share in the same period.

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 +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 (2.8% versus +9.7%). 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 Len Zacks. As a PhD from MIT 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. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=95

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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

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.

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Zacks Investment Research
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Read the full analyst report on SVN

Read the full analyst report on HTHT

Read the full analyst report on SSP

Read the full analyst report on STON

 

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