Zacks Sell List Highlights: Lehman Bros Holdings Inc., Sunoco Inc., Advanced Micro...

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Thu Jun 19, 2008 2:06pm EDT

Zacks Sell List Highlights: Lehman Bros Holdings Inc., Sunoco Inc., Advanced Micro Devices and JB Hunt Transport Services, Inc.

CHICAGO--(Business Wire)--
Zacks.com releases details on a group of stocks that are currently
members of the exclusive Zacks #5 Rank List - Stocks to Sell Now.
These stocks are currently rated as a Zacks Rank #5 (Strong Sell):
Lehman Brothers Holdings Inc. (NYSE: LEH) and Sunoco Inc. (NYSE: SUN).
Further, Zacks announced #4 Rankings (Sell) on two other widely held
stocks: JB Hunt Transport Services Inc. (NASDAQ: JBHT) and Advanced
Micro Devices (NYSE: AMD). To see the full Zacks #5 Rank List - Stocks
to Sell Now visit: http://at.zacks.com/?id=92

   Since inception in 1988, the S&P 500 has outperformed the Zacks #5
Rank List -- Stocks to Sell Now by 129% annually (+5.3% vs. +12.1%).
While the rest of Wall Street continued to tout stocks during the
market declines of the last few years, Zacks told investors which
stocks to sell or avoid.

   Here is a synopsis of why LEH and SUN have a Zacks Rank of #5
(Strong Sell) and should most likely be sold or avoided for the next
one to three months. Note that a #5 Strong Sell rating is applied to
5% of all the stocks in the Zacks Rank universe:

   Lehman Bros. Holdings Inc. (NYSE: LEH) is the latest victim of the
big squeeze in financials, as the company has been forced to raise
capital to pad its balance sheet after suffering a $2.8 billion loss
in its most recent quarter. In turn, the company's share price has
taken a beating, dropping from over $66 in late January to its current
price just a pinch above $21. Estimates have plummeted with the stock
price, with the current-year estimate dropping to a loss of $1.25 from
$4.45 just 30 days ago.

   Sunoco Inc. (NYSE: SUN) has struggled to maintain its
profitability as refiners continue to suffer the adverse effects of
the "crack spread," the difference in cost between purchasing a barrel
of oil and producing consumable gasoline. This market dynamic was the
driving force behind the company's first quarter loss, reported on Apr
30, of $59 million, compared to earnings in the same period last year
of $175 million.

   Here is a synopsis of why AMD and JBHT have a Zacks Rank of 4
(Sell) and should also most likely be sold or avoided for the next one
to three months. Note that a #4 Sell rating is applied to 15% of all
the stocks ranked by Zacks;

   Advanced Micro Devices (NYSE: AMD) share price has been in a
steady decline for most of the past year, dropping from over $16 to
its current price of less than $8. Much of the loss has been
predicated on the company's struggle to move into profitable
territory, as AMD has reported losses in each of the last four
quarters. Estimates continue to decline, with the current-year
estimate dropping from a loss of $1.04 90 days ago to its current
projection of a loss of $1.44.

   JB Hunt Transport Services Inc. (NASDAQ: JBHT) is in a precarious
position because of the company's significant exposure to fuel and
gasoline prices. The company's share price has been resilient in spite
of the company's weak first-quarter results, reported on Apr 15.
Income was down 18%, falling short of analyst expectations. The
company noted that sales in its trucking segment were down 20%.

   Truly taking advantage of the Zacks Rank requires the
understanding of how it works. The free special report; "Zacks Rank
Guide: Harnessing the Power of Earnings Estimate Revisions" is
available to provide this insightful background. Download a free copy
now to prosper in the years to come at http://at.zacks.com/?id=93

   About the Zacks Rank

   Since 1988, the Zacks Rank has proven that "Earnings estimate
revisions are the most powerful force impacting stock prices." Since
inception in 1988, #1 Rank Stocks have generated an average annual
return of +32.2%. During the 2000-2002 bear market, Zacks #1 Rank
stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that
the Zacks Rank system has just as many Strong Sell recommendations
(Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks
Rank #5 stocks have underperformed the S&P 500 by 129% annually (+5.3%
vs. +12.1%). Thus, the Zacks Rank system allows investors to truly
manage portfolio trading effectively.

   Visit http://www.zacks.com/performance for information about the
performance numbers displayed in this press release.

   Zacks "Profit from the Pros" e-mail newsletter offers continuous
coverage of Zacks Rank Buy stocks and highlights those stocks poised
to outperform the market. Subscribe to this free newsletter today by
visiting http://at.zacks.com/?id=94

   About Zacks

   Zacks.com is a property of Zacks Investment Research, Inc., which
was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew
he could find patterns in stock market data that would lead to
superior investment results. Amongst his many accomplishments was the
formation of his proprietary stock picking system; the Zacks Rank,
which continues to outperform the market by nearly a 3 to 1 margin.
The best way to unlock the profitable stock recommendations and market
insights of Zacks Investment Research is through our free daily email
newsletter; Profit from the Pros. In short, it's your steady flow of
Profitable ideas GUARANTEED to be worth your time! Register for your
free subscription to Profit from the Pros at
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   Zacks Investment Research is under common control with affiliated
entities (including a broker-dealer and an investment adviser), which
may engage in transactions involving the foregoing securities for the
clients of such affiliates.

   Disclaimer: Past performance does not guarantee future results.
Investors should always research companies and securities before
making any investments. Nothing herein should be construed as an offer
or solicitation to buy or sell any security.

Zacks.com
Michael Vodicka
Phone: 312-265-9226
Email: pr@zacks.com
Visit: www.Zacks.com

Copyright Business Wire 2008
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