Since 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 CVH and APD 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:
Coventry Health Care, Inc.
(
CVH
) announced first-quarter profit of 62 cents per share on April 27
that missed analysts? expectations by 1.59%. The Zacks Consensus
Estimate for the current year slid to $2.72 per share from $3.25
per share in the last 30 days as next year?s estimate dipped 23
cents per share to $3.27 per share in that time span.
Air Products & Chemicals, Inc.
(
APD
) posted a second-quarter profit of $1.31 per share on April 24,
which came in 2 cents wider than the average forecast. The Zacks
Consensus Estimate for the full year fell to $5.56 per share from
$5.93 per share over the past month. For 2013, analysts expect a
profit of $6.36 per share, compared to last month?s projection for
a profit of $6.66 per share.
Here is a synopsis of why DECK and ICON 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;
Deckers Outdoor Corp
(
DECK
) first-quarter profit of 20 cents per share, posted on April 26,
lagged analysts? projections by 20%. Estimate for current year slid
53 cents per share to $4.61 per share over a month as next year?s
estimate dipped 54 cents per share to $5.60 per share in that time
span.
Iconix Brand Group, Inc.
(
ICON
) reported a first-quarter profit of 43 cents per share on April 25
that fell 6.52% short of the Zacks Consensus Estimate. The
full-year average forecast is currently $1.68 per share, compared
with last month?s projection of $1.80 per share. Next year?s
forecast dropped to $1.88 per share from $1.95 per share in the
same period.
AIR PRODS & CHE (APD): Free Stock Analysis
Report
COVENTRY HLTHCR (CVH): Free Stock Analysis
Report
DECKERS OUTDOOR (DECK): Free Stock Analysis
Report
ICONIX BRAND GP (ICON): Free Stock Analysis
Report
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