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RALCORP HLD-NEW (RAH) – Profit Tracks

Source: http://www.zacks.com/research/screening/tracks/highlight.php?id=4941
Posted on Friday, March 23rd, 2012 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

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 FDP and RAH 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:

Fresh Del Monte Produce Inc. (FDP) announced fourth-quarter loss of 15 cents per share on February 28 that missed analysts? expectations by 207.14%. The Zacks Consensus Estimate for the current year slid to $1.93 per share from $2.44 per share in the last 30 days as next year?s estimate dipped 62 cents per share to $2.20 per share in that time span.

Ralcorp Holdings, Inc. (RAH) posted a first-quarter profit of $1.33 per share on February 7, which came in 5 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $3.88 per share from $3.90 per share over the past month. For 2013, analysts expect a profit of $4.12 per share, compared to last month?s projection for a profit of $4.13 per share.

Here is a synopsis of why SJM and JW.A 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;

The J.M. Smucker Company (SJM) third-quarter profit of $1.22 per share, posted on February 16, lagged analysts? projections by 13.48%. Estimate for current year slid 34 cents per share to $4.69 per share over two months as next year?s estimate dipped 33 cents per share to $5.25 per share in that time span.

John Wiley & Sons Inc (JW.A) reported a third-quarter profit of 91 cents per share on March 8 that fell 3.19% short of the Zacks Consensus Estimate. The full-year average forecast is currently $3.14 per share, compared with last two month?s projection of $3.15 per share. Next year?s forecast dropped to $3.39 per share from $3.41 per share in the same period.
 
FRESH DEL MONTE (FDP): Free Stock Analysis Report
 
WILEY (JOHN) A (JW.A): Free Stock Analysis Report
 
RALCORP HLD-NEW (RAH): Free Stock Analysis Report
 
SMUCKER JM (SJM): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research


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