For Immediate Release
Chicago, IL – April 5, 2012 – 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): UniSource Energy Corp. ( and Research In Motion Limited ( . Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: K12 Inc. ( (LRN - Free Report) and Children's Place Retail Stores, Inc. ( (PLCE - Free Report) .
To see the full Zacks #5 Rank List - Stocks to Sell Now visit: https://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 UNS and RIMM 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:
UniSource Energy Corp. ( announced fourth-quarter profit of 22 cents per share on February 27 that missed analysts’ expectations by 15.38%. The Zacks Consensus Estimate for the current year slid to $2.25 per share from $2.48 per share in the last 60 days as next year’s estimate dipped 10 cents per share to $2.80 per share in that time span.
Research In Motion Limited ( posted a fourth-quarter profit of 80 cents per share on March 29, which came in 1 cent wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.96 per share from $2.86 per share over the past month. For 2014, analysts expect a profit of $2.07 per share, compared to last month’s projection for a profit of $3 per share.
Here is a synopsis of why LRN and PLCE 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;
K12 Inc. ( (LRN - Free Report) second-quarter profit of 11 cents per share, posted on February 7, lagged analysts’ projections by 60.71%. Estimate for current year slid 1 cent per share to 53 cents per share over a month as next year’s estimate dipped 4 cents per share to 78 cents per share in that time span.
Children's Place Retail Stores, Inc. ( (PLCE - Free Report) reported a fourth-quarter profit of 87 cents per share on March 7 that fell 2.25% short of the Zacks Consensus Estimate. The full-year average forecast is currently $3.31 per share, compared with last month’s projection of $3.68 per share. Next year’s forecast dropped to $3.87 per share from $4.30 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 https://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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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