New Strong Sell Stocks for July 29th

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:

Ardelyx ARDX is a clinical-stage biopharmaceutical company. The Zacks Consensus Estimate for its current year earnings has been revised almost 14.3% downward over the last 60 days.

Banco Do Brasil BDORY provides retail and commercial banking services in Brazil and internationally. The Zacks Consensus Estimate for its current year earnings has been revised 11.1% downward over the last 60 days.

Axsome Therapeutics AXSM is a biopharmaceutical company focused on developing novel therapies for the management of central nervous system disorders for which there are limited treatment options available. The Zacks Consensus Estimate for its current year earnings has been revised almost 7.9% downward over the last 60 days.

View the entire Zacks Rank #5 List.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Source Zacks-com