Stock Market Analysts: Sell Getty

Posted on 8/8/2007 by Julia Dudnik Stern | Printable Version | Comments (0)



The recent performance of Getty Images' stock has caused market analysts to drop their estimates. Zacks Investment Research, founded in 1978 by math PHD Len Zacks, just added Getty to its "Stocks to Sell Now" list of five underperformers. According to the company, earnings estimates for the year are at $2.19 per share, down 30 cents from a week ago. The decline of the stock is attributed to Getty's forecast of third-quarter profit and sales, which fell below Wall Street expectations.


Copyright © 2007 Julia Dudnik Stern. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

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