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 WABC 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:
WestAmerica Bancorp.
(
WABC
) announced fourth-quarter profit of 77 cents per share on January
19 that missed analysts? expectations by 2.53%. The Zacks Consensus
Estimate for the current year slid to $3.07 per share from $3.21
per share in the last 60 days as next year?s estimate dipped 23
cents per share to $3.20 per share in that time span.
Cellcom Israel Ltd.
(
CEL
) posted a third-quarter profit of 54 cents per share on November
15, which came in 18 cents wider than the average forecast. The
Zacks Consensus Estimate for the full year fell to $2.58 per share
from $2.77 per share over the past month. For 2012, analysts expect
a profit of $2.48 per share, compared to last month?s projection
for a profit of $2.91 per share.
Here is a synopsis of why RDK and NEOG 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;
Ruddick Corporation
(
RDK
) first-quarter profit of 50 cents per share, posted on February 2,
lagged analysts? projections by 23.08%. Estimate for current year
slid 1 cent per share to $2.42 per share over a month as next
year?s estimate dipped 2 cents per share to $2.78 per share in that
time span.
Neogen Corporation
(
NEOG
) reported a second-quarter profit of 22 cents per share on
December 22 that fell 18.52% short of the Zacks Consensus Estimate.
The full-year average forecast is currently 95 cents per share,
compared with last two month?s projection of $1.08 per share. Next
year?s forecast dropped to $1.10 per share from $1.27 per share in
the same period.
CELLCOM ISRAEL (
CEL
): Free Stock Analysis Report
NEOGEN CORP (
NEOG
): Free Stock Analysis Report
RUDDICK CORP (
RDK
): Free Stock Analysis Report
WESTAMER BANCP (
WABC
): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment
Research