Three stocks, Alamo Group Inc. (ALG), Associated British Foods plc (ASBFY), and B&M European Value Retail S.A. (BMRRY), have been added to the Zacks Rank #5 (Strong Sell) List. Estimates for their current year earnings have been revised downward by 10.1%, 5.1%, and 31.4% respectively in the last 60 days.

Zacks’ Research Chief has identified a little-known satellite-based communications firm as the top pick with the potential to double in value. With the space industry projected to reach a trillion dollars, this company’s customer base is expanding rapidly, leading to a predicted revenue surge in 2025.

For more information and additional stock recommendations from Zacks Investment Research, including free stock analysis reports for Alamo Group Inc. (ALG), Associated British Foods plc (ASBFY), and B&M European Value Retail S.A. (BMRRY), visit the Zacks website.

Read more at Nasdaq: New Strong Sell Stocks for Dec. 23