New Strong Sell Stocks for August 7th

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:

IPG Photonics IPGP develops and manufactures high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, including materials processing, medical and advanced applications. The Zacks Consensus Estimate for its current year earnings has been revised 42.2% downward over the last 60 days.

California Resources CRC is an exploration and production company as well as producer of oil and natural gas principally in California. The Zacks Consensus Estimate for its current year earnings has been revised almost 24.9% downward over the last 60 days.

Colruyt CUYTY is engaged in the retail and distribution of food and non-food products as well as fuels. The Zacks Consensus Estimate for its current year earnings has been revised 10.5% downward over the last 60 days.

View the entire Zacks Rank #5 List.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

California Resources Corporation (CRC) : Free Stock Analysis Report

IPG Photonics Corporation (IPGP) : Free Stock Analysis Report

Colruyt SA Unsponsored ADR (CUYTY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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

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