New Strong Sell Stocks for May 15th

PFSI LFCR

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:

Argo Group International Holdings, Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty markets. The Zacks Consensus Estimate for its current year earnings has been revised 64.9% downward over the last 60 days.

PennyMac Financial Services, Inc. (PFSI - Free Report) engages in the mortgage banking and investment management activities. The Zacks Consensus Estimate for its current year earnings has been revised 19.7% downward over the last 60 days.

Lifecore Biomedical, Inc. (LFCR - Free Report) is a integrated contract development and manufacturing organization. The Zacks Consensus Estimate for its current year earnings has been revised 200% downward over the last 60 days.

View the entire Zacks Rank #5 List.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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