Zacks Sell List Highlights: Barnes & Noble, Rofin-Sinar Technologies, John Wiley & Sons and International Game Technology - Press Releases

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For Immediate Release

Chicago, IL - February 16, 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): Barnes & Noble, Inc. ( BKS ) and Rofin-Sinar Technologies ( RSTI ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: John Wiley & Sons Inc ( JW.A ) and International Game Technology ( IGT ).

To see the full Zacks #5 Rank List - Stocks to Sell Now visit : http://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 BKS and RSTI 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:

Barnes & Noble, Inc. ( BKS ) announced second-quarter loss of 17 cents per share on December 1 that missed analysts' expectations by 950%. The Zacks Consensus Estimate for the current year widened to a loss of $1.09 per share from a loss of 57 cents per share in the last 60 days as next year's estimate dipped 65 cents per share to a loss of 41 cents per share in that time span.

Rofin-Sinar Technologies ( RSTI ) posted a first-quarter profit of 28 cents per share on February 2, which came in 8 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.44 per share from $1.73 per share over the past month. For 2013, analysts expect a profit of $1.97 per share, compared to last month's projection for a profit of $2.17 per share.  

Here is a synopsis of why JW.A and IGT 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;

John Wiley & Sons Inc ( JW.A ) second-quarter profit of 83 cents per share, posted on December 8, lagged analysts' projections by 17%. Estimate for current year slid 5 cents per share to $3.14 per share over a month as next year's estimate dipped 3 cents per share to $3.41 per share in that time span.

International Game Technology ( IGT ) reported a first-quarter profit of 17 cents per share on January 24 that fell 22.73% short of the Zacks Consensus Estimate. The full-year average forecast is currently $1 per share, compared with last month's projection of $1.06 per share. Next year's forecast dropped to $1.18 per share from $1.23 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 http://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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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Disclaimer:  Past performance does not guarantee future results.  Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

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BARNES & NOBLE ( BKS ): Free Stock Analysis Report
 
INTL GAME TECH ( IGT ): Free Stock Analysis Report
 
WILEY (JOHN) A (JW.A): Free Stock Analysis Report
 
ROFIN-SINAR ( RSTI ): Free Stock Analysis Report
 
To read this article on Zacks.com click here.



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 , Stocks

Referenced Stocks: BKS , IGT , RSTI

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