Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:
Alamo Group Inc. ALG is a specialty machinery company. The Zacks Consensus Estimate for its current year earnings has been revised 10.1% downward over the last 60 days.
Associated British Foods plc ASBFY is a diversified food and ingredients company. The Zacks Consensus Estimate for its current year earnings has been revised 5.1% downward over the last 60 days.
B&M European Value Retail S.A. BMRRY is a retail company. The Zacks Consensus Estimate for its current year earnings has been revised 31.4% downward over the last 60 days.
View the entire Zacks Rank #5 List.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpAlamo Group, Inc. (ALG) : Free Stock Analysis Report
Associated British Foods PLC (ASBFY) : Free Stock Analysis Report
B&M European Value Retail SA Unsponsored ADR (BMRRY) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.