CELLCOM ISRAEL (CEL) - Profit Tracks

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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
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: CEL , NEOG , RDK , WABC

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