Three stocks have been added to the Zacks Rank #5 (Strong Sell) List: Aperam S.A. (APEMY), Avis Budget Group, Inc. (CAR), and Baidu, Inc. (BIDU). Aperam has seen its earnings estimate revised downward by 13.5% over the last 60 days, Avis Budget’s estimate has dropped by 54.6%, and Baidu’s has decreased by 9.5%.
Aperam is a stainless steel and alloy products company, Avis Budget operates in car and truck rentals, and Baidu is an internet search services provider. These significant downward revisions suggest challenges for these companies moving forward.
