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New Strong Sell Stocks for April 16th
Arrow ElectronicsArrow Electronics(US:ARW) Zacks Investment Researchยท2024-04-16 10:16

Core Viewpoint - Three stocks have been added to the Zacks Rank 5 (Strong Sell) List, indicating a significant downward revision in earnings estimates for these companies [1] Company Summaries - Altice USA (ATUS): A major broadband communications and video services provider in the U.S. The Zacks Consensus Estimate for its current year earnings has been revised downward by 52.2% over the last 60 days [1] - Cambium Networks (CMBM): A wireless solutions provider that connects people with flexible network infrastructure. The Zacks Consensus Estimate for its current year earnings has been revised downward by 45% over the last 60 days [1] - Arrow Electronics (ARW): One of the largest distributors of electronic components and enterprise computing products globally. The Zacks Consensus Estimate for its current year earnings has been revised downward by almost 9.1% over the last 60 days [1]