For Immediate Release
Chicago, IL - March 21, 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):
Flowers Foods, Inc.
(
FLO
) and
J&J Snack Foods Corp.
(
JJSF
). Further, Zacks announced #4 Rankings (Sell) on two other widely
held stocks:
True Religion Apparel, Inc.
(
TRLG
) and
Warnaco Group Inc
(
WRC
).
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 FLO and JJSF 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:
Flowers Foods, Inc.
(
FLO
) announced fourth-quarter profit of 17 cents per share on February
9 that missed analysts' expectations by 19.05%. The Zacks Consensus
Estimate for the current year slid to $1.04 per share from $1.10
per share in the last 60 days as next year's estimate dipped 4
cents per share to $1.17 per share in that time span.
J&J Snack Foods Corp.
(
JJSF
) posted a first-quarter profit of 29 cents per share on January
23, which came in 11 cents wider than the average forecast. The
Zacks Consensus Estimate for the full year fell to $2.69 per share
from $2.85 per share over the past two months. For 2013, analysts
expect a profit of $2.85 per share, compared to last two month's
projection for a profit of $3.03 per share.
Here is a synopsis of why TRLG and WRC 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;
True Religion Apparel, Inc.
(
TRLG
) fourth-quarter profit of 60 cents per share, posted on February
9, lagged analysts' projections by 15.49%. Estimate for current
year slid 42 cents per share to $1.94 per share over two months as
next year's estimate dipped 38 cents per share to $2.29 per share
in that time span.
Warnaco Group Inc
(
WRC
) reported a fourth-quarter profit of 97 cents per share on
February 28 that fell 1.02% short of the Zacks Consensus Estimate.
The full-year average forecast is currently $4.39 per share,
compared with last month's projection of $4.45 per share. Next
year's forecast dropped to $4.98 per share from $5.08 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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FLOWERS FOODS (
FLO
): Free Stock Analysis Report
J&J SNACK FOODS (
JJSF
): Free Stock Analysis Report
TRUE RELIGION (
TRLG
): Free Stock Analysis Report
WARNACO GRP INC (
WRC
): Free Stock Analysis Report
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Research