Stocks Facing Downgrades: Atlanta Braves, Baxter International, and Bruker Hit Hard
Today, three companies have found their way onto the Zacks Rank #5 (Strong Sell) List:
Atlanta Braves Holdings, Inc. (BATRA), a sports and entertainment entity, has seen a troubling 151.3% downward revision in the Zacks Consensus Estimate for its current year earnings over the past 60 days.
Baxter International Inc. (BAX) operates in the healthcare sector and has faced a 33.1% cut to its earnings forecast during the same period.
Bruker Corporation (BRKR), known for its scientific instruments, also experienced a downward revision, with estimates lowered by 7.3% in the past 60 days.
For a complete view, check out the full Zacks Rank #5 List.
Expert Predictions: One Stock Poised for Massive Growth
Among thousands of stocks, five Zacks experts each handpicked their top choice expected to rise by over 100% in the coming months. From this group, Director of Research Sheraz Mian has identified one stock with the most significant potential for explosive growth.
This company focuses on millennial and Gen Z markets and reported nearly $1 billion in revenue last quarter. After a recent dip in price, now is considered a prime buying opportunity. While not every pick is guaranteed to succeed, this company has the potential to greatly outshine previous Zacks favorites, such as Nano-X Imaging, which increased by 129.6% in just over nine months.
For free insights, check out our Top Stock and four runners-up.
Interested in the latest stock recommendations from Zacks Investment Research? Download the report on 5 Stocks Set to Double for free today.
Baxter International Inc. (BAX): Free Stock Analysis Report
Bruker Corporation (BRKR): Free Stock Analysis Report
Atlanta Braves Holdings, Inc. (BATRA): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.