BROOKFIELD ASST (BAM) - Profit Tracks

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 RAIL and BAM 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:

FreightCar America, Inc. (RAIL) announced a third-quarter loss of 39 cents per share on November 4, which was 35 cents wider than the Zacks Consensus Estimate. Quarterly revenues fell 25% to $41.3 million. For 2010, the average forecast widened to a loss of 53 cents per share from a loss of 38 cents in the last 90 days.

Brookfield Asset Management Inc. (BAM) posted third-quarter earnings of 16 cents per share on November 5 while analysts projected a profit of 23 cents. The Zacks Consensus Estimate for the full year slipped 9 cents to 89 cents per share in the couple of months as the covering analyst reduced expectations. The following year?s forecast decreased 17 cents to a profit of $1.10 per share in a span of 90 days.

Here is a synopsis of why BDX and NKTR 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;

Becton, Dickinson and Co. (BDX) reported a third-quarter profit of $1.24 per share on November 4, which fell 0.80% short of the Zacks Consensus Estimate. The full-year average forecast dropped a cent to $5.51 per share over the past couple of months. During that time, next year?s estimate declined 2 cents to $6.08 per share.

Nektar Therapeutics?s (NKTR) third-quarter loss of 9 cents per share, posted on November 4, came in 4 cents worse than the average forecast. The Zacks Consensus Estimate for the current year is pegged at a loss of 32cents per share, a penny wider than last month?s projection. Next year?s forecast widened to a loss 16 cents per share from a loss of 74 cents per share in the same period.
 
BROOKFIELD ASST (BAM): Free Stock Analysis Report
 
BECTON DICKINSO (BDX): Free Stock Analysis Report
 
NEKTAR THERAP (NKTR): Free Stock Analysis Report
 
FREIGHTCAR AMER (RAIL): Free Stock Analysis Report
 
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