Zacks Sell List Highlights: Golar LNG Limited (USA), Aegean Marine Petroleum Network, Live Nation Entertainment and World Wrestling Entertainment

CHICAGO--(BUSINESS WIRE)--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): Golar LNG Limited (USA) (Nasdaq: GLNG) and Aegean Marine Petroleum Network Inc. (NYSE: ANW) Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Live Nation Entertainment, Inc. (NYSE: LYV) and World Wrestling Entertainment, Inc. (NYSE: WWE) To see the full Zacks #5 Rank List - Stocks to Sell Now visit: http://at.zacks.com/?id=92

“Earnings estimate revisions are the most powerful force impacting stock prices.”

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 GLNG and ANW 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:

Golar LNG Limited (USA) (Nasdaq: GLNG) reported second-quarter loss of 8 cents per share, on Aug 31, which missed the Zacks Consensus Estimate by 17 cents. The average forecast for the current year declined to a profit of 42 cents per share from 52 cents in the past month. Next year’s forecast slipped by 4 cents to $1.02 per share in the same time period.

Aegean Marine Petroleum Network Inc. (NYSE: ANW) posted second-quarter earnings of 30 cents per share on Aug 11, which came in behind the Zacks Consensus Estimate of 38 cents. Estimates for the current year fell 35 cents to a profit of $1.35 per share in the past one month as 7 out of the 8 covering analysts reduced expectations.

Here is a synopsis of why LYV and WWE 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;

Live Nation Entertainment, Inc. (NYSE: LYV) announced second-quarter loss of 8 cents per share cents on Aug 5 that was wider than the Zacks Consensus Estimate for a loss of 6 cents. The full-year average forecast for 2010 is currently pegged at a loss of 65 cents per share which worsened 19 cents over the past month, reflecting cuts by 2 of the 3 covering analysts. Estimate for 2011 dipped by a penny to 12 cents per share in the same period.

World Wrestling Entertainment, Inc. (NYSE: WWE) reported second-quarter earnings of 8 cents per share on Aug 5, which came in behind the Zacks Consensus Estimate of 14 cents. The full - year average forecast reduced 10 cents to 71 cents for 2010 in the past 30 days as all 6 covering analysts lowered expectations. Next year’s estimate also slid 8 cents to 80 cents per share during that time.

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 +27%. 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 (-0.9% versus +9%). 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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