GREAT PLAINS EN (GXP) - 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 CWT and GXP 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:

California Water Service Group ( CWT ) announced fourth-quarter profit of 4 cents per share on February 29 that missed analysts? expectations by 77.78%. The Zacks Consensus Estimate for the current year slid to $1.06 per share from $1.12 per share in the last 30 days as next year?s estimate dipped 4 cents per share to $1.13 per share in that time span.

Great Plains Energy Incorporated ( GXP ) posted a fourth-quarter profit of 1 cent per share on February 27, which came in 1 cent wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.27 per share from $1.48 per share over the past month. For 2013, analysts expect a profit of $1.64 per share, compared to last month?s projection for a profit of $1.69 per share.

Here is a synopsis of why SCCO and WDFC 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;

Southern Copper Corporation ( SCCO ) fourth-quarter profit of 64 cents per share, posted on February 9, lagged analysts? projections by 3.03%. Estimate for current year slid 9 cents per share to $2.49 per share over a month as next year?s estimate dipped 6 cents per share to $2.71 per share in that time span.

WD-40 Company ( WDFC ) reported a first-quarter profit of 42 cents per share on January 9 that fell 22.22% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.30 per share, compared with last two month?s projection of $2.35 per share. Next year?s forecast dropped to $2.53 per share from $2.56 per share in the same period.
 
CALIF WATER SVC ( CWT ): Free Stock Analysis Report
 
GREAT PLAINS EN ( GXP ): Free Stock Analysis Report
 
SOUTHERN COPPER ( SCCO ): Free Stock Analysis Report
 
WD 40 CO ( WDFC ): 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: CWT , GXP , SCCO , WDFC

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