Three Stocks to Avoid: Zacks Rank #5 (Strong Sell) List Expands

Three stocks have been added to the Zacks Rank #5 (Strong Sell) List, signaling potential concerns for investors. These companies have seen significant downward revisions in their earnings estimates.

BHP Group Limited (BHP) Faces Earnings Downgrade

BHP Group Limited is a prominent resources company. Recently, the Zacks Consensus Estimate for its current year earnings was adjusted downwards by 5.9% over the past 60 days.

Douglas Dynamics, Inc. (PLOW) Struggles with Profitability

Douglas Dynamics, Inc. (PLOW), known for manufacturing work truck equipment, has also faced challenges. Its earnings estimates for the current year have seen an 11.1% downward revision over the last two months.

Helios Technologies, Inc. (HLIO) Experiences Earnings Cut

Helios Technologies, Inc. (HLIO) specializes in motion control and electronic control technology. The Zacks Consensus Estimate for its earnings has decreased by 7% recently.

For further insights, view the complete Zacks Rank #5 List.

5 Stocks Brightening the Future: Potential for Doubling Value

Experts at Zacks have identified five stocks that they believe could gain +100% or more in 2024. While investment carries risk, previous recommendations have experienced impressive gains, ranging from +143.0% to +673.0%.

These picks, often overlooked by Wall Street, present an opportunity for investors looking to get in early.

Today, you can discover these 5 potential home runs by clicking through.

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

Douglas Dynamics, Inc. (PLOW) : Free Stock Analysis Report

Helios Technologies, Inc (HLIO) : Free Stock Analysis Report

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