Three Stocks Join Zacks’ Strong Sell List Amid Earnings Downgrades
Today, three companies have been added to the Zacks Rank #24 (Strong Sell) List:
Amerant Bancorp Inc. Suffers Earnings Downgrade
Amerant Bancorp Inc. (AMTB), which operates as the bank holding company for Amerant Bank, has seen its earnings estimate for this year decrease by 13.5% over the last 60 days.
Avis Budget Group, Inc. Faces Significant Revision
Avis Budget Group, Inc. (CAR), a leader in the car and truck rental industry, has had its current year earnings estimate revised downward by 12.7% in just two months.
Bassett Furniture Industries, Incorporated Hits Major Setback
Bassett Furniture Industries, Incorporated (BSET), which specializes in home furnishings, has experienced a staggering 71.9% downward revision in its earnings estimate for the current year over the past 60 days.
For a broader view, you can check out the complete Zacks Rank #5 List.
Investing in the Coming Infrastructure Boom
The U.S. is gearing up for a significant infrastructure overhaul. This effort is bipartisan and urgent, promising to invest trillions in rebuilding roads, bridges, and buildings. With such a colossal initiative on the horizon, the potential for financial gain is equally immense.
The crucial question now is: will you invest in the right stocks before they see their biggest growth? Zacks has prepared a Special Report, available for free today, featuring five companies expected to benefit greatly from this wave of construction and repair. These businesses are poised to play key roles in reshaping the country’s infrastructure.
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Interested in the latest stock recommendations from Zacks Investment Research? You can now access 5 Stocks Set to Double, which is also available for free.
Avis Budget Group, Inc. (CAR): Free Stock Analysis Report
Bassett Furniture Industries, Incorporated (BSET): Free Stock Analysis Report
Amerant Bancorp Inc. (AMTB): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
