Dividend.com: Jabil Short-Circuited

This company has been another name that has been featured so often as a top value play, and today it is hitting investors that believed in the label extremely hard. We see technical support for the stock in the $23 to $24 area -- and would continue to avoid the shares at this current time.

Weyerhaeuser is not recommended at this time, holding a Dividend.com Rating of 2.7 out of 5 stars.

Cintas Withdraws 2009 Guidance

Cintas (CTAS Quote) announced that its second quarter profit dropped 13% to $71.8 million, or 47 cents per share, from $82.9 million, or 53 cents per share, a year ago.

The company's sales were up less than 1% as customer demand fell amid the economic slowdown that led to job cuts across corporate clients. The company also said it felt pressure from gasoline costs as well.

Management has decided to withdraw its 2009 earnings outlook. The consensus estimates are currently at $2.20 per share for the year on revenue of $4.09 billion.

We have avoided shares of Cintas since our early June coverage began, when the stock was trading at $28.12. The company has a 1.80% dividend yield, based on last night's closing stock price of $25.54. The stock does have some technical support in the $17 to $19 price area. We would avoid trying to catch a bottom here, and look elsewhere for better investment opportunities at this time.

Cintas is not recommended at this time, holding a Dividend.com Rating of 3.0 out of 5 stars.