Zacks Sell List Highlights: Enzon Pharmaceuticals, Sears Holdings Corporation, Cablevision Systems Corporation and Biglari Holdings


For Immediate Release

Chicago, IL – July 20, 2011 – 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): Enzon Pharmaceuticals, Inc. (NasdaqGS:ENZN - News) and Sears Holdings Corporation (NasdaqGS:SHLD - News).  Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Cablevision Systems Corporation (NYSE:CVC - News) and Biglari Holdings Inc. (NYSE:BH - News).

To see the full Zacks #5 Rank List - Stocks to Sell Now visit:

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 ENZN and SHLD 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:

Enzon Pharmaceuticals, Inc. (NasdaqGS:ENZN - News) announced first-quarter loss of 7 cents per share on May 6 that missed analysts’ expectations by 600 %. The Zacks Consensus Estimate for the current year slipped to 11 cents per share from 16 cents per share in the last 60 days as next year’s estimate dipped1 cents per share to 39 cents per share in that time span.

Sears Holdings Corporation (NasdaqGS:SHLD - News) posted a first-quarter loss of 1.39 cents per share on May 19, which came in 17 cents wider than the average forecast. The Zacks Consensus Estimate for the full year rose to a loss of $1.02 per share from $0.28 over the past two month. For 2013, analysts expect a loss of 41 cents per share, compared to last two month’s projection for a profit of 15 cents per share.  

Here is a synopsis of why CVC and BH 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;

Cablevision Systems Corporation
(NYSE:CVC - News) first-quarter profit of 38 cents per share, posted on May 5, lagged analysts’ projections by 9.52%. Estimate for current year slid 15 cents per share to $1.63 per over a month as next year’s estimate dipped to $1.92 per share from $2.15 in that time span.

Biglari Holdings Inc. (NYSE:BH - News) reported a second-quarter profit of $4.10 per share on May 20 that fell 17.34% short of the Zacks Consensus Estimate. The full-year average forecast is currently $22.45 per share, compared with last two month’s projection of $23.61 per share. Next year’s forecast dropped to $26.52 per share from $26.88 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

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.

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