Zacks Ranks New Stocks to Sell; Earnings Estimates Decline
Today, three stocks have been added to the Zacks Rank #5 (Strong Sell) List due to lowered earnings expectations:
Arkema S.A. Faces Downward Earnings Revisions
Arkema S.A. (ARKAY), a chemicals company, has seen its Zacks Consensus Estimate for current year earnings drop by 6.4% over the past two months.
CSX Corporation’s Earnings Outlook Weakens
CSX Corporation is a provider of rail-based freight transportation services. In the last 60 days, its earnings estimate for the current year has been revised downward by 7.8%.
Carlsberg A/S Experiences Earnings Estimate Decline
Carlsberg A/S (CABGY), a beverage company, also faced a decline, with its earnings estimate reduced by 5.7% in the same timeframe.
For a complete list, check out the entire Zacks Rank #5 List.
Zacks Research Highlights Potential Stock to Double
Zacks’ research team has identified five stocks with the best chances of increasing by +100% or more in the upcoming months. Among them, Director of Research Sheraz Mian emphasizes one standout stock poised for the most significant gains.
This top pick is associated with one of the most innovative financial firms, boasting a rapidly growing customer base of over 50 million and a range of cutting-edge solutions. While not every pick achieves success, this one has the potential to outperform previous Zacks’ Stocks Set to Double, such as Nano-X Imaging, which surged +129.6% in just over nine months.
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Latest Stock Analysis Reports Available
Explore further insights from Zacks Investment Research. You can download “7 Best Stocks for the Next 30 Days” for complimentary recommendations.
CSX Corporation (CSX): Free Stock Analysis Report
Arkema SA (ARKAY): Free Stock Analysis Report
Carlsberg AS (CABGY): 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.
