Stocks to Watch as Zacks Adds Strong Sell Ratings

Three stocks have recently been placed on the Zacks Rank #5 (Strong Sell) List.

Financial Struggles on the Horizon

89bio, Inc.  (ETNB) is a clinical-stage biopharmaceutical company facing significant challenges. The Zacks Consensus Estimate for its earnings in the current year has dropped by 38.8% over the past two months.

Altice USA, Inc.  (ATUS), a provider of broadband communications and video services, has seen its earnings estimate for the current year revised downward by a staggering 250% in the last 60 days.

Ashland Inc.  (ASH), which supplies additives and specialty ingredients, is not in the clear either; its earnings estimate has fallen by 16.2% in the same period.

To explore the complete Zacks Rank #5 List, click here.

Exploring Potential High Returns

Meanwhile, five stocks have been identified by Zacks experts as having the potential to double their value in 2024. Previous selections have achieved returns of +143.0%, +175.9%, +498.3%, and even +673.0%.

Many of these stocks are still under the radar of Wall Street investors, presenting a unique chance to invest early.

Discover These 5 Potential Home Runs >>

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Ashland Inc. (ASH): Free Stock Analysis Report

Altice USA, Inc. (ATUS): Free Stock Analysis Report

89BIO (ETNB): Free Stock Analysis Report

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.