#5 Ranked Stocks Highlight
CELLCOM ISRAEL CEL
Apr 23, 2012Since 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 SAFT and CEL 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:
Safety Insurance Group, Inc. (SAFT) announced fourth-quarter profit of 31 cents per share on March 8 that missed analysts? expectations by 47.46%. The Zacks Consensus Estimate for the current year slid to $3 per share from $3.05 per share in the last 60 days as next year?s estimate dipped 7 cents per share to $3.08 per share in that time span.
Cellcom Israel Ltd. (CEL) posted a fourth-quarter profit of 20 cents per share on March 7, which came in 36 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.48 per share from $2.28 per share over the past two months. For 2013, analysts expect a profit of $1.53 per share, compared to last two month?s projection for a profit of $2.06 per share.
Here is a synopsis of why MATW and NAV 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;
Matthews International Corp (MATW) second-quarter profit of 56 cents per share, posted on April 19, lagged analysts? projections by 3.45%. Estimate for current year slid 1 cent per share to $2.55 per share over a month as next year?s estimate dipped 4 cents per share to $2.83 per share in that time span.
Navistar International Corporation (NAV) reported a first-quarter loss of $2.08 per share on March 8 that fell 732% short of the Zacks Consensus Estimate. The full-year average forecast is currently $4.21 per share, compared with last month?s projection of $4.42 per share. Next year?s forecast dropped to $6.34 per share from $6.50 per share in the same period.