Markets
ANF

SANMINA-SCI CP (SANM) - Profit Tracks

A generic image of a pen on a chart
Credit: Shutterstock photo

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +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 POWI and SANM 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:

Power Integrations, Inc. ( POWI ) announced third-quarter profit of 26 cents per share on November 3 that missed analysts? expectations by 13.33%. The Zacks Consensus Estimate for the current year slid to $1.14 per share from $1.33 per share in the last 60 days as next year?s estimate dipped 46 cents per share to $1.32 per share in that time span.

Sanmina-SCI Corporation ( SANM ) posted a fourth-quarter profit of 32 cents per share on November 1, which came in 5 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.28 per share from $1.51 per share over the past two months. For 2013, analysts expect a profit of $1.51 per share, compared to last two month?s projection for a profit of $1.66 per share.

Here is a synopsis of why LRN and ANF 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;

K12 Inc. ( LRN ) first-quarter profit of 18 cents per share, posted on November 15, lagged analysts? projections by 28%. Estimate for current year slid 6 cents per share to 62 cents per share over a month as next year?s estimate dipped 6 cents per share to $1.08 per share in that time span.

Abercrombie & Fitch Co. ( ANF ) reported a third-quarter profit of 57 cents per share on November 16 that fell 21.92% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.79 per share, compared with last two month?s projection of $3.28 per share. Next year?s forecast dropped to $4.32 per share from $4.71 per share in the same period.

ABERCROMBIE ( ANF ): Free Stock Analysis Report

K12 INC ( LRN ): Free Stock Analysis Report

POWER INTGRATIO ( POWI ): Free Stock Analysis Report

SANMINA-SCI CP ( SANM ): 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.


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

In This Story

ANF LRN POWI SANM

Other Topics

Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More