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 VIP and DTEGY 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:
VimpelCom Ltd (VIP) announced third-quarter profit of 6 cents per share on November 14 that missed analysts? expectations by 76%. The Zacks Consensus Estimate for the current year slid to $1.15 per share from $1.33 per share in the last 60 days as next year?s estimate dipped 16 cents per share to $1.36 per share in that time span.
Deutsche Telekom AG (DTEGY) posted a third-quarter profit of 16 cents per share on November 10, which came in 3 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $1.06 per share from $1.11 per share over the past month. For 2012, analysts expect a profit of $1.10 per share, compared to last month?s projection for a profit of $1.14 per share.
Here is a synopsis of why GOLD and PAAS 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;
Randgold Resources Ltd. (GOLD) third-quarter profit of $1.32 per share, posted on November 3, lagged analysts? projections by 5.04%. Estimate for current year slid 19 cents per share to $3.79 per share over a month as next year?s estimate dipped 11 cents per share to $6.70 per share in that time span.
Pan American Silver Corp. (PAAS) reported a third-quarter profit of 42 cents per share on November 8 that fell 47.50% short of the Zacks Consensus Estimate. The full-year average forecast is currently $2.65 per share, compared with last two month?s projection of $2.75 per share. Next year?s forecast dropped to $2.96 per share from $3.30 per share in the same period.
DEUTSCHE TELEKM (DTEGY): Free Stock Analysis Report
RANDGOLD RSRCS (GOLD): Free Stock Analysis Report
PAN AMER SILVER (PAAS): Free Stock Analysis Report
VIMPELCOM LTD (VIP): Free Stock Analysis Report
