Zacks Sell List Highlights: Chiquita Brands International, Synutra International, Zep and Cedar Fair, L.P - Press Releases

For Immediate Release

Chicago, IL –November 9, 2010 – Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Chiquita Brands International, Inc. (CQB) and Synutra International, Inc. (SYUT). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Zep, Inc. (ZEP) and Cedar Fair, L.P. (FUN). To see the full Zacks #5 Rank List - Stocks to Sell Now visit: http://at.zacks.com/?id=5522

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs. +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 CQB and SYUT 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:

Chiquita Brands International, Inc. (CQB) reported third quarter loss of 14 cents per share on November 2, which was 50 cents wider than the Zacks Consensus Estimate. It reported comparable loss of $7 million, per diluted share. The average forecast for the current year fell to a profit of $1.14 per share from $ 1.65 over the past month as all the three covering analysts slashed expectations.

Synutra International, Inc. (SYUT) reported second quarter loss of 37 cents per share on November 4, which lagged analysts' projections by 76%. The Zacks Consensus Estimate for the current year stands at a loss of 46 cents per share that dropped 22 cents over the past week as the two covering analysts slashed projections. Expectations for the next year fell 30 cents to aprofit of 61 cents per share in the same time period.

Here is a synopsis of why ZEP and FUN 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;

Zep, Inc. (ZEP) reported fourth quarter earnings per share of 33 cents per share on October 11, which missed the Zacks Consensus Estimate by 5 cents. The full year average forecast fell 10 cents to a profit of $1.25 per share in the past couple of months reflecting cuts by 4 out of 5 analysts.

Cedar Fair, L.P. (FUN) reported third -quarter earnings of $1.65 per share on November 2, which was a penny less than the average forecast. The Zacks Consensus Estimate for the current year fell 12 cents to a profit of 61cents per share in the last week as 1 analyst out of 4 revised downward.

Truly taking advantage of the Zacks Rank requires the understanding of how it works. The free special report; “Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions” is available to provide this insightful background. Download a free copy now to prosper in the years to come at http://at.zacks.com/?id=5523

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (+2% versus +10%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks “Profit from the Pros” e-mail newsletter offers continuous coverage of Zacks Rank Buy stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=5526

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5527

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Michael Vodicka
Company: Zacks.com
Phone: 312-265-9226
Email: pr@zacks.com
Visit: www.zacks.com

 

 
CHIQUITA BR INT (CQB): Free Stock Analysis Report
 
CEDAR FAIR (FUN): Free Stock Analysis Report
 
SYNUTRA INTL (SYUT): Free Stock Analysis Report
 
ZEP INC (ZEP): Free Stock Analysis Report
 
Zacks Investment Research