Zacks Sell List Highlights: Best Buy, J.C. Penney, Fresh Market and KAR Auction Services

   Zacks Sell List Highlights: Best Buy, J.C. Penney, Fresh Market and KAR
                               Auction Services

PR Newswire

CHICAGO, Jan. 11, 2013

CHICAGO, Jan. 11, 2013 /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): Best Buy Co., Inc. (NYSE:BBY) and J.C. Penney Company, Inc.
(NYSE:JCP). Further, Zacks announced #4 Rankings (Sell) on two other widely
held stocks: The Fresh Market Inc (NASDAQ:TFM) and KAR Auction Services Inc
(NYSE:KAR).

(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 BBY and JCP 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:

Best Buy Co., Inc. (NYSE:BBY) announced third -quarter profit of 3 cents per
share on November 20 which came behind the Zacks Consensus Estimate by 9
cents. The diluted earnings per share also fell by 93.62% on a year-over-year
basis. The Zacks Consensus Estimate for the current year slipped 3 cents per
share to $2.45 in the last 30 days. Next year's estimate also dipped 5 cents
per share to $2.19 per share in that time span.

J.C. Penney Company, Inc. (NYSE:JCP) posted a third -quarter loss of 93 cents
per share on November 12, which came in $1.01 wider than the average forecast.
The Zacks Consensus Estimate for 2012 fell to a loss of $1.30 per share from
$1.08 over the past month with 3 out of 9 covering analysts slashed forecasts.
Next year's forecasts slipped 23 cents to a loss of 5 cents per share in the
same time span.

Here is a synopsis of why TFM and KAR 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 Fresh Market Inc (NASDAQ:TFM) third -quarter profit of 23 cents per share,
posted on November 28, lagged analysts projections by nearly 11.54%. For 2012,
the Zacks Consensus Estimate moved down 3 cents in the last 60 days as none
out of the 15 covering analysts cut back on forecasts. The forecast for next
year slid 5 cents to $1.69 per share in the same time span.

KAR Auction Services Inc (NYSE:KAR) reported a third-quarter profit of 19
cents per share on November 7, that fell 24.0% short of the Zacks Consensus
Estimate. The full-year average forecast is currently pegged at 90 cents per
share, compared with the last 60 days projection of 92 cents. Next year's
forecast dropped 3 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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