New Strong Sell Stocks for June 6th
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 06 2024
0mins
Source: NASDAQ.COM
Stocks Added to Zacks Rank #5 List:
- Adient plc, California BanCorp, and CareTrust REIT, Inc. have been added to the Zacks Rank #5 (Strong Sell) List.
- The Zacks Consensus Estimate for their current year earnings has been revised downward over the last 60 days.
Bitcoin's Performance:
- Bitcoin has shown higher returns compared to any other decentralized form of money.
- In the past three presidential election years, Bitcoin's returns were significant: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%.
- Zacks predicts another substantial surge in Bitcoin's value in the coming months.
Zacks Investment Research Recommendations:
- Zacks Investment Research offers recommendations on 7 Best Stocks for the Next 30 Days.
- Free stock analysis reports are available for CareTrust REIT, Inc. (CTRE), Adient (ADNT), and California Bank of Commerce (CALB) on their website.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
