New Strong Sell Stocks for May 12th

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

Eni E is among the leading integrated energy players in the world. The Zacks Consensus Estimate for its current year earnings has been revised almost 15.2% downward over the last 60 days.

Caleres CAL is a footwear retailer and wholesaler. The Zacks Consensus Estimate for its current year earnings has been revised 13.2% downward over the last 60 days.

CPI Card Group PMTS is engaged in financial card production and related services under the VISA, MasterCard, American Express and Discover payment brands. The Zacks Consensus Estimate for its current year earnings has been revised 5.7% downward over the last 60 days.

View the entire Zacks Rank #5 List.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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Eni SpA (E) : Free Stock Analysis Report

Caleres, Inc. (CAL) : Free Stock Analysis Report

CPI Card Group Inc. (PMTS) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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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