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New Strong Sell Stocks for January 2nd

Zacks Equity Research
Updated
Abbott (ABT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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

Applied Optoelectronics, Inc. AAOI is a designer and manufacturer of fiber-optic networking products. The Zacks Consensus Estimate for its current year earnings has been revised 0.9% downward over the last 30 days.

Wesco Aircraft Holdings, Inc. WAIR is a distributor of aerospace bearing products. The Zacks Consensus Estimate for its current year earnings has been revised 3% downward over the last 30 days.

VeriFone Systems, Inc. PAY is a provider of payments and commerce solutions. The Zacks Consensus Estimate for its current year earnings has been revised 4.5% downward over the last 30 days.

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Spark Energy, Inc. SPKE is the operator of a retail energy services company.  The Zacks Consensus Estimate for its current year earnings has been revised 38.3% downward over the last 30 days.

PennantPark Floating Rate Capital Ltd. PFLT is a provider of business development services. The Zacks Consensus Estimate for its current year earnings has been revised 2% downward over the last 30 days.

View the entire Zacks Rank #5 List.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Spark Energy, Inc. (SPKE) : Free Stock Analysis Report
 
Verifone Systems, Inc. (PAY) : Free Stock Analysis Report
 
Wesco Aircraft Holdings, Inc. (WAIR) : Free Stock Analysis Report
 
Applied Optoelectronics, Inc. (AAOI) : Free Stock Analysis Report
 
PennantPark Floating Rate Capital Ltd. (PFLT) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research