Zacks Sell List Highlights: J.C. Penney, Spirit AeroSystems Holdings, The New York Times and Jazz Pharmaceuticals

Zacks Sell List Highlights: J.C. Penney, Spirit AeroSystems Holdings, The New
                     York Times and Jazz Pharmaceuticals

PR Newswire

CHICAGO, Nov. 23, 2012

CHICAGO, Nov. 23, 2012 /PRNewswire/ --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): J.C. Penney Company, Inc. (NYSE:JCP)  and Spirit AeroSystems
Holdings, Inc. (NYSE:SPR). Further, Zacks announced #4 Rankings (Sell) on two
other widely held stocks: The New York Times Company (NYSE:NYT) and Jazz
Pharmaceuticals plc (NASDAQ:JAZZ).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO )

To see the full Zacks #5 Rank List - Stocks to Sell Now visit:
http://at.zacks.com/?id=92

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 JCP and SPR 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:

J.C. Penney Company, Inc. (NYSE:JCP) announced third -quarter loss of 93 cents
per share on November 12 which came behind the Zacks Consensus Estimate by 85
cents. The diluted earnings per share also fell by 1062.50% on a
year-over-year basis. The Zacks Consensus Estimate for the current year
slipped $1.40 per share to a loss of 97 cents in the last 30 days. Next year's
estimate also dipped $1.0 per share to 65 cents per share in that time span.

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) posted a third -quarter loss of
$1.51 per share on November 08, which came in 84 cents wider than the average
forecast. The Zacks Consensus Estimate for 2012 fell to a profit of 22 cents
per share from $1.89 over the past month with 12 out of 13 covering analysts
slashed forecasts. Next year's forecasts slipped 50 cents to $2.11 per share
in the same time span.

Here is a synopsis of why NYT and JAZZ 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;

The New York Times Company (NYSE:NYT) third -quarter loss of 1 cent per share,
posted on October 25, lagged analysts projections by nearly 112.50%. For 2012,
the Zacks Consensus Estimate moved down 12 cent in the last 30 days as 2 out
of the 4 covering analysts cut back on forecasts. The forecast for next year
slid 12 cents to 54 cents per share in the same time span.

Jazz Pharmaceuticals plc (NASDAQ:JAZZ) reported a third-quarter profit of
$1.19 per share on November 8, that fell 0.83% short of the Zacks Consensus
Estimate. The full-year average forecast is currently pegged at $4.38 per
share, compared with the last 30 days projection of $4.45. Next year's
forecast dropped 21 cents 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
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 +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.

Visit http://www.zacks.com/performance for information about the performance
numbers displayed in this press release.

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