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New Strong Sell Stocks for Dec. 23


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

Alamo Group Inc. ALG is a specialty machinery company. The Zacks Consensus Estimate for its current year earnings has been revised 10.1% downward over the last 60 days. 

Associated British Foods plc ASBFY is a diversified food and ingredients company. The Zacks Consensus Estimate for its current year earnings has been revised 5.1% downward over the last 60 days. 

B&M European Value Retail S.A. BMRRY is a retail company. The Zacks Consensus Estimate for its current year earnings has been revised 31.4% 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%.

Free: See Our Top Stock And 4 Runners Up

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Alamo Group, Inc. (ALG): Free Stock Analysis Report
 
Associated British Foods PLC (ASBFY): Free Stock Analysis Report
 
B&M European Value Retail SA Unsponsored ADR (BMRRY): Free Stock Analysis Report

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

Zacks Investment Research


Source Zacks-com

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At Zacks, we are dedicated to independent investment research, helping investors succeed through tools like our Zacks Rank stock-rating system, which has averaged +23.89% annual returns since 1988. Founded on the discovery that earnings estimate revisions drive stock prices, we offer purely mathematical, unbiased ratings, along with additional innovations like the Price Response Indicator, Earnings ESP, and specialized rankings for mutual funds and ETFs.
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