Three Stocks Added to Zacks Rank #5 List

Three stocks added to the Zacks Rank #5 (Strong Sell) List are 3D Systems Corporation DDD, Avanos Medical, Inc. AVNS, and Alibaba Group Holding Limited BABA. Their current year earnings estimates have been revised downward over the last 60 days.

Three prominent stocks have been added to the Zacks Rank #5 (Strong Sell) list, signaling a significant downward revision in their earnings estimates over the past 60 days. The stocks in question are 3D Systems Corporation (DDD), Avanos Medical, Inc. (AVNS), and Alibaba Group Holding Limited (BABA).

3D Systems Corporation (DDD)
3D Systems, a leading provider of 3D printing and digital manufacturing solutions, has seen its current year earnings estimate revised downward by 41% [1]. The company's stock has faced increased scrutiny due to a class action lawsuit filed against it, alleging material misstatements and failures to disclose significant issues related to its business and operations. The lawsuit, filed by Pomerantz LLP, claims that 3D Systems understated the impact of weakened customer spending and overstated its resilience in challenging industry conditions [1]. These developments have contributed to a decline in the company's stock price, with its shares falling by 20.96% on March 27, 2025, following the announcement of its Q4 2024 financial results [1].

Avanos Medical, Inc. (AVNS)
Avanos Medical, a medical technology company focusing on delivering medical device solutions, has seen its current year earnings estimate revised downward by 8.9% [2]. While the specific reasons for the downward revision are not detailed in the provided source materials, the company's stock has been affected by broader market conditions and industry-specific challenges. Avanos Medical's stock has been subject to downward pressure, reflecting broader concerns within the medical technology sector.

Alibaba Group Holding Limited (BABA)
Alibaba, a Chinese e-commerce giant, has seen its current year earnings estimate revised downward by 6.5% [2]. The downward revision is likely influenced by several factors, including macroeconomic uncertainties, geopolitical tensions, and increasing competition in the e-commerce sector. Alibaba's stock has been volatile, reflecting market concerns about the company's ability to maintain its growth trajectory and navigate regulatory challenges.

Investors and financial professionals should closely monitor these developments and consider the implications for their investment portfolios. The downward revisions in earnings estimates suggest potential challenges ahead for these companies, and investors should be cautious when evaluating these stocks.

References:
[1] Pomerantz Law Firm Announces the Filing of a Class Action Against 3D Systems Corporation and Certain Officers - DDD. Retrieved from [https://www.morningstar.com/news/pr-newswire/20250712dc27263/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-3d-systems-corporation-and-certain-officers-ddd](https://www.morningstar.com/news/pr-newswire/20250712dc27263/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-3d-systems-corporation-and-certain-officers-ddd)
[2] Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: 3D Systems Corporation DDD, Avanos Medical, Inc. AVNS, and Alibaba Group Holding Limited BABA. Retrieved from [https://finviz.com/news/103583/new-strong-sell-stocks-for-july-15th](https://finviz.com/news/103583/new-strong-sell-stocks-for-july-15th)