Three Stocks Added to Strong Sell List by Zacks
Zacks Investment Research has placed three stocks on its Rank #5 (Strong Sell) List today:
Baidu, Inc. (BIDU) is a company specializing in online marketing and cloud services. Over the past 60 days, the Zacks Consensus Estimate for its current year’s earnings has been revised down by 5.2%.
Central Garden & Pet Company (CENTA) focuses on pet products. Its current year earnings estimate has also dropped, now reflecting a 7.5% downward revision in the last two months.
Crane Company (CR), which produces engineered industrial products, has seen a 6.3% downward revision in its earnings estimate for the current year as well.
You can view the complete Zacks Rank #5 List for more details.
Research Chief Highlights Top Stock with Potential to Double
Zacks experts have analyzed thousands of stocks and selected five favorites that could gain over 100% in the coming months. Among these, Director of Research Sheraz Mian has identified one stock that he believes has the greatest potential for significant growth.
This chosen company primarily targets millennial and Gen Z consumers, recently reporting nearly $1 billion in revenue last quarter. Following a recent stock pullback, the timing appears favorable for investors. While not every pick proves successful, this one stands out, reminiscent of earlier Zacks’ Stocks Set to Double like Nano-X Imaging, which soared by 129.6% in just over nine months.
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Baidu, Inc. (BIDU): Free Stock Analysis Report
Crane Company (CR): Free Stock Analysis Report
Central Garden & Pet Company (CENTA): 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.
