Three Stocks to Watch: Zacks Rank #5 Signals Strong Sell

Today, three stocks have made it to the Zacks Rank #5 (Strong Sell) list:

Marine Adventures Face Challenges

Lindblad Expeditions Holdings, Inc. (LIND) is a marine expedition company. Unfortunately, the Zacks Consensus Estimate for its current year earnings has been revised downward by 10.2% over the past 60 days.

Powersports Giant Struggles

Polaris Inc. (PII), known for its powersports vehicles, has also faced setbacks. The Zacks Consensus Estimate for its current year earnings decreased by 5.3% over the same timeframe.

Building Materials in Decline

Simpson Manufacturing Co., Inc. (SSD) specializes in building materials. Its current year earnings estimate has been adjusted down by 6.8% in the last 60 days.

For those interested, you can see the complete Zacks Rank #5 list.

Five Stocks with High Growth Potential

Additionally, Zacks experts have identified five stocks believed to potentially double in value within 2024. Previous recommendations have yielded impressive returns, soaring by +143.0%, +175.9%, +498.3%, and +673.0%.

Many of these stocks are currently overlooked by Wall Street, presenting an exciting opportunity for early investors.

Today, explore these 5 potential home runs >>

Stay updated with the latest recommendations from Zacks Investment Research. You can now download the report on 5 Stocks Set to Double for free.

Polaris Inc. (PII): Free Stock Analysis Report

Simpson Manufacturing Company, Inc. (SSD): Free Stock Analysis Report

Lindblad Expeditions (LIND): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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