Zacks Sell List Highlights: Sears Holding, Onyx Pharmaceuticals, Dorman Products and Compass Minerals International

CHICAGO, Aug. 24, 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): Sears Holding Corporation (Nasdaq: SHLD) and Onyx Pharmaceuticals, Inc. (Nasdaq: ONXX). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Dorman Products, Inc. (Nasdaq: DORM) and Compass Minerals International, Inc. (NYSE: CMP).

To see the full Zacks #5 Rank List - Stocks to Sell Now visit: http://at.zacks.com/?id=92

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 SHLD and ONXX 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:

Sears Holding Corporation (Nasdaq: SHLD) announced second-quarter loss of $1.13 per share on August 18 that missed analysts' expectations by 76.56%. The Zacks Consensus Estimate for the current year slipped to a loss of $1.67 per share from $1.02 per share in the last 30 days as next year's estimate dipped 30 cents per share to a loss of 54 cents per share in that time span.

Onyx Pharmaceuticals, Inc. (Nasdaq: ONXX) posted a second-quarter loss of 43 cents per share on August 3, which came in 9 cent wider than the average forecast. The Zacks Consensus Estimate for the full year fell to a loss of $1.94 per share from $1.48 per share over the past month. For 2012, analysts expect a loss of $1.20 per share, compared to last month's projection for a loss of 80 cents per share.

Here is a synopsis of why DORM and CMP 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;

Dorman Products, Inc. (Nasdaq: DORM) second-quarter profit of 70 cents per share, posted on July 26, lagged analysts' projections by 4.11%. Estimate for current year slid 10 cents per share to $2.87 per share over a month as next year's estimate dipped 18 cents per share to $3.13 per share in that time span.

Compass Minerals International, Inc. (NYSE: CMP) reported a second-quarter profit of 42 cents per share on July 28 that fell 12.50% short of the Zacks Consensus Estimate. The full-year average forecast is currently $5.01 per share, compared with last month's projection of $5.40 per share. Next year's forecast dropped to $5.94 per share from $6.42 per share in the same period.

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.

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