Zacks Sell List Highlights: Libbey, Hanwha Solarone Co Ltd, Koppers Holdings and Fuel Systems Solutions

CHICAGO, May 17, 2011 /PRNewswire/ -- Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Libbey Inc. (AMEX: LBY) and Hanwha Solarone Co Ltd (Nasdaq: HOSL). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Koppers Holdings Inc. (NYSE: KOP) and Fuel Systems Solutions, Inc. (Nasdaq: FSYS). To see the full Zacks #5 Rank List - Stocks to Sell Now visit: http://at.zacks.com/?id=92

(Logo:  http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs. +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.

Here is a synopsis of why LBY and HOSL have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:

Libbey Inc. (AMEX: LBY) reported first-quarter loss of 3 cents per share on April 28, which came in nearly 200% short of analysts' expectations. The Zacks Consensus Estimate for the current year decreased 11 cents to a profit of $1.30 over the past month as 2 analysts out of 3 revised downwards. Next year's forecast fell 13 cents to $1.67 per share during that period.

Hanwha Solarone Co Ltd (Nasdaq: HOSL) announced fourth -quarter loss of 16 cents per share on March 17 that missed analysts' expectations by 135%. The Zacks Consensus Estimate for the current year slipped 4 cents to $1.28 per share in the last 30 days as 2 out of the 13 covering analysts reduced estimates. Next year's estimate dipped a penny to $1.30 per share in that time span.

Here is a synopsis of why KOP and FSYS have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;

Koppers Holdings Inc. (NYSE: KOP) posted a first-quarter profit of 40 cents per share on May 5, which missed the Zacks Consensus Estimate by 2 cents. The full-year average dipped 3 cents to $2.95 per share from $2.98 in the last 30 days as 2 analysts out of 7 slashed estimates.

Fuel Systems Solutions, Inc.'s (Nasdaq: FSYS) first-quarter profit of 2 cents per share, reported earlier this month missed analysts expectations by 80%. This apart the earnings missed the previous year's earning by $1.57 per share. The forecast for 2011 fell 13 cents to 68 cents per share in a span of 30 days as 5 out of the 7 covering analysts reduced forecasts. Estimate for 2012 fell a penny to a profit of $1.28 per share in that time span.

Truly taking advantage of the Zacks Rank requires the understanding of how it works.  The free special report; "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions" is available to provide this insightful background. Download a free copy now to prosper in the years to come at http://at.zacks.com/?id=93

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (2.8% versus +9.7%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks Rank Buy stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=94

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=95

Follow us on Twitter:  http://twitter.com/zacksresearch

Join us on Facebook:  http://www.facebook.com/ZacksInvestmentResearch  

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer:  Past performance does not guarantee future results.  Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

SOURCE Zacks Investment Research, Inc.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.