Zacks Sell List Highlights: Acacia Research, Williams Partners, Tornier and Fresh Market

RELATED QUOTES

SymbolPriceChange
ACTG5.98+0.06
WPZ38.10+0.11
TRNX20.670.00
TFM28.510.00

For Immediate Release

Chicago, IL – January 23, 2013 – 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): Acacia Research Corporation (ACTG) and Williams Partners L.P. (WPZ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Tornier N.V. (TRNX) and The Fresh Market Inc (TFM).

To see the full Zacks #5 Rank List - Stocks to Sell Now visit: http://at.zacks.com/?id=92

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 ACTG and WPZ 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:

Acacia Research Corporation (ACTG) announced third-quarter profit of 5 cents per share on October 18 which came behind the Zacks Consensus Estimate by 17 cents. The diluted earnings per share also fell by 85.29% on a year-over-year basis. The Zacks Consensus Estimate for the current year slipped 2 cents per share to $1.95 in the last 30 days. Next year’s estimate also dipped 7 cents per share to $1.98 per share in that time span.

Williams Partners L.P. (WPZ) posted a third -quarter profit of 38 cents per share on October 31, which came in 17 cents wider than the average forecast. The Zacks Consensus Estimate for 2012 fell to a profit of $2.05 per share from $2.08 over the past month with none out of 10 covering analysts slashed forecasts. Next year’s forecasts slipped 14 cents to $2.34 per share in the same time span.

Here is a synopsis of why TRNX and TFM 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;


Tornier N.V. (TRNX) third -quarter loss of 13 cents per share, posted on November 6, and lagged analysts’ projections by nearly 44.44%. For 2012, the Zacks Consensus Estimate moved down 4 cents in the last 60 days as none out of the 7 covering analysts cut back on forecasts. The forecast for next year slid 6 cents to a loss of 10 cents per share in the same time span.

The Fresh Market Inc (TFM) reported a third-quarter profit of 23 cents per share on November 28, that fell 11.54% short of the Zacks Consensus Estimate. The full-year average forecast is currently pegged at $1.36 per share, compared with the last 60 days projection of $1.39. Next year’s forecast dropped 5 cents per share in the same period.

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=93

About the Zacks Rank

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 (2.8% versus +9.7%). 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=94

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT 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=95

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

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch

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.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

http://www.zacks.com

 

 

 

 

 

 

 

 

Read the analyst report on ACTG

Read the analyst report on WPZ

Read the analyst report on TRNX

Read the analyst report on TFM

Zacks Investment Research



More From Zacks.com

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
  • Salesforce third-quarter revenue forecast misses estimates
    Salesforce third-quarter revenue forecast misses estimates Reuters - 57 minutes ago

    (Reuters) - Cloud software maker Salesforce.com Inc (CRM.N) forecast third-quarter revenue below estimates after it reported a 25 percent jump in quarterly revenue as customers stepped up purchases of ... … More »

  • Dollar weakens on contrasting economic data AFP - 5 minutes ago

    The dollar weakened against the euro and the pound on Wednesday as dueling data on both sides of the Atlantic offered a mixed picture of economic conditions. Towards 2100 GMT, the euro was at $1.1156, ... … More »

  • AP Newsbreak: Ritz's office backed app deal without bidding
    AP Newsbreak: Ritz's office backed app deal without bidding Associated Press - 15 minutes ago

    Indiana schools Superintendent Glenda Ritz's office approved a lucrative technology contract that state government officials said should have been subject to competitive bid, awarding it to a company that ... … More »

  • Business Highlights Associated Press - 26 minutes ago

    ___ Historic commercial flight from US lands in Cuba The first commercial flight between the United States and Cuba in more than a half century landed Wednesday, re-establishing regular air service severed ... … More »

  • France's Orange says in talks with Iran's MCI on potential cooperation
    France's Orange says in talks with Iran's MCI on potential cooperation Reuters - 27 minutes ago

    French telecoms operator Orange is in negotiations with Mobile Telecommunication Company of Iran (MCI), the country's largest mobile operator, "regarding a number of areas of potential cooperation and business topics," a spokesman said. The … More »

  • BP OKs Whiting refinery Tier 3 hydrotreater Reuters - 31 minutes ago

    BP Plc's (BP.L) 413,500 barrel per day (bpd) Whiting, Indiana refinery has received corporate approval to build a new hydrotreater to meet Tier 3 gasoline standards that will be required by the U.S. Environmental Protection Agency, according to a … More »

  • WeChat Chatter Fuels China Money Exodus Into Hong Kong Policies Bloomberg - 51 minutes ago

    Forget about restrictions imposed by mainland regulators trying to halt the exodus of billions of yuan out of China and into Hong Kong policy purchases. For Hong Kong part-time agent Wen, who declined to give her first name, it’s been that easy to … More »

  • Italy and Germany signal tougher EU stance on migrants
    Italy and Germany signal tougher EU stance on migrants AFP News - 51 minutes ago

    Italian Prime Minister Matteo Renzi and German Chancellor Angela Merkel agreed Wednesday to step up efforts to send migrants with no right to asylum in Europe back to their homelands. "All of us in Europe must work for the repatriation of those who … More »

  • Energy drags Wall St lower; S&P down slightly in August
    Energy drags Wall St lower; S&P down slightly in August Reuters - 53 minutes ago

    Stocks ended lower on Wall Street on Wednesday, as energy shares tracked oil prices lower, and the S&P posted a loss for August, the first negative month for the benchmark index since February. The Nasdaq gained 1 percent in August and the S&P shed … More »

  • How the Dow Jones industrial average fared on Wednesday Associated Press - 56 minutes ago

    U.S. stocks took small losses Wednesday as energy companies fell with the price of oil and chemical and materials companies traded lower. That pulled the market lower for August, ending a five-month winning ... … More »

  • H&R Block and Brown-Forman tumble, Chico's FAS rises Associated Press - 57 minutes ago

    Stocks that moved substantially or traded heavily on Wednesday: H&R Block Inc., down $2.54 to $21.66 The tax preparer reported a bigger first-quarter loss and less revenue than analysts expected. Brown-Forman ... … More »

  • Oil Rout Sends Stocks Slumping as S&P 500 Erases August Advance Bloomberg - 1 hour 2 minutes ago

    Energy producers dragged down equities as crude fell below $45 a barrel after a report showed U.S. stockpiles climbed by more than projected. Brazil’s real rose as Dilma Rousseff was impeached, paving the way for a shift in economic policy after … More »

  • US stocks fall, dragged down by sinking oil prices AFP - 1 hour 10 minutes ago

    US stocks fell modestly Wednesday, pulled down by sinking oil prices, closing out a sluggish August which saw the S&P 500 score its first monthly loss since February. At the close the Dow Jones Industrial ... … More »

  • Infoblox reports 4Q loss Associated Press - 1 hour 14 minutes ago

    On a per-share basis, the Santa Clara, California-based company said it had a loss of 18 cents. Earnings, adjusted for one-time gains and costs, came to 8 cents per share. The results exceeded Wall Street ... … More »

  • Cloud management company Box's quarterly revenue jumps 30 percent Reuters - 1 hour 32 minutes ago

    (Reuters) - Cloud management company Box Inc's (BOX.N) quarterly revenue jumped 30.3 percent as the company added customers. Its net loss narrowed to $38.1 million, or 30 cents per share, in the second ... … More »

  • Salesforce.com tops Street 2Q forecasts Associated Press - 1 hour 35 minutes ago

    The San Francisco-based company said it had profit of 33 cents per share. Earnings, adjusted for one-time gains and costs, were 24 cents per share. The results beat Wall Street expectations. The average ... … More »

  • Shoe Carnival posts 2Q profit Associated Press - 1 hour 37 minutes ago

    On a per-share basis, the Evansville, Indiana-based company said it had profit of 22 cents. The footwear retailer posted revenue of $231.9 million in the period. Shoe Carnival expects full-year earnings ... … More »

  • Markets Right Now: Stocks edge lower on Wall Street Associated Press - 1 hour 39 minutes ago

    The latest on developments in global financial markets (all times local): 4:00 p.m. Stocks are closing out their first losing month since February as a quiet summer continues on Wall Street. A thin batch ... … More »

  • Ireland says Apple CEO spoke to PM, committed to stay
    Ireland says Apple CEO spoke to PM, committed to stay Reuters - 1 hour 44 minutes ago

    Irish Prime Minister Enda Kenny spoke to Apple (AAPL.O) chief executive Tim Cook ahead of the European Union's announcement of a 13 billion euro (11.04 billion pounds) back tax bill and the U.S. firm committed to remain in Ireland, Kenny's office … More »

  • US stocks slip as lower oil prices sink energy companies
    US stocks slip as lower oil prices sink energy companies Associated Press - 1 hour 57 minutes ago

    U.S. stocks are down slightly in afternoon trading Wednesday as energy companies fall with the price of oil and makers of chemicals and other materials take losses. Stocks are on track for their first ... … More »

  • Feds: Company tied to polygamous group used child labor Associated Press - 1 hour 59 minutes ago

    Federal labor lawyers have filed another child labor case against a Utah-based company tied to a polygamous group alleging underage laborers were put to work for long hours for little pay in dangerous ... … More »

  • Grain lower, livestock mixed Associated Press - 2 hours 17 minutes ago

    Grain futures were lower Wednesday on the Chicago Board of Trade. Wheat for Sept. fell 2.25 cents at $3.61 a bushel; Sept. corn lost 2.50 cents to 3.015 a bushel; Sept. oats was off .75 cent at $1.61 a ... … More »

  • Oil tumbles on U.S. inventory builds; best month since April
    Oil tumbles on U.S. inventory builds; best month since April Reuters - 2 hours 30 minutes ago

    Oil prices fell 3 percent or more on Wednesday, paring their big gains for August, after government data showed a large surprise weekly build in U.S. crude and distillate stockpiles and a smaller-than-expected drawdown in gasoline. Crude futures … More »

  • Oil dives on bearish US inventory report AFP - 2 hours 34 minutes ago

    Oil futures on Wednesday fell for the third day in a row as official US figures showed an unexpected rise in crude inventories. In New York, a barrel of West Texas Intermediate for October delivery fell ... … More »

  • Are store rewards programs worthwhile?
    Are store rewards programs worthwhile? Associated Press - 3 hours ago

    You grab the gallon of milk you forgot yesterday, pick up the cheapest toothpaste, and head over to the checkout line. Just when your quick trip to the grocery store is almost over, the employee at the ... … More »

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.119-0.004-3.25%
    N21.SI
    0.36+0.01+1.41%
    E5H.SI
    0.9950.0000.00%
    Y92.SI
    4.02-0.08-1.95%
    Z74.SI
    0.22-0.02-6.38%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.285+0.035+14.00%
    5SY.SI
    0.60+0.07+13.21%
    BKB.SI
    0.23+0.03+12.20%
    I06.SI
    0.50+0.05+11.11%
    BFK.SI
    0.67+0.05+8.06%
    5CP.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.305-0.060-16.44%
    BQO.SI
    0.105-0.020-16.00%
    578.SI
    0.181-0.019-9.50%
    P36.SI
    0.21-0.02-6.67%
    1A4.SI
    0.22-0.02-6.38%
    5ME.SI

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3620-0.0018-0.13%
    USDSGD=X
    1.5190-0.0006-0.04%
    EURSGD=X
    1.7895+0.0061+0.34%
    GBPSGD=X
    75.7920+0.334+0.44%
    SGDJPY=X
    5.6890+0.0042+0.07%
    SGDHKD=X
    2.9896+0.0184+0.62%
    SGDMYR=X
    9,766.6553+6.6406+0.07%
    SGDIDR=X
    4.9015+0.0046+0.09%
    SGDCNY=X
    1.0236-0.0008-0.08%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,311.80-4.70-0.36%
    GCZ16.CMX
    18.64+0.06+0.31%
    SIU16.CMX
    90.17-1.67-1.82%
    ^XAU
    2.070.00+0.07%
    HGU16.CMX
    44.86-1.49-3.21%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.180.00
    ^FVX
    1.570.00
    ^TNX
    2.230.00
    ^TYX