Schaeffer's S&P 500 Index Hot Stocks Features Analog Devices, General Motors, Cisco Systems, EOG Resources, and Noble.

CINCINNATI -- Among the stocks featured in the May 12 edition of Schaeffer's S&P 500 Index Hot Stocks are Analog Devices (NYSE:ADI), General Motors (NYSE:GM), Cisco Systems (NASDAQ:CSCO), EOG Resources (NYSE:EOG), and Noble (NYSE:NE). Schaeffer's S&P 500 Index Hot Stocks is just one of the many free market commentaries written everyday at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. For additional information about this report or to have it delivered to you free via email every day click on the following link. http://www.schaeffersresearch.com/redirect.aspx?CODE=PRSHS12M&PAGE=1 .

Schaeffer's S&P 500 Index Hot Stocks for Friday, May 12, 2006:

A daily feature available on SchaeffersResearch.com is the "SPX Hot Stocks" column. Each afternoon, we will provide a list of the day's top-20 performing stocks in the S&P 500 Index (SPX - 1,294.41) as well as the bottom-20 names. Featured along with this table will be news that is moving some of the securities.

NOTE: Stocks trading under $5 per share have been eliminated from this listing of the top-20 and bottom-20 performing stocks.

Leading the way into the winner's circle today we have Analog Devices (NYSE:ADI), which is up almost four percent on the day so far. Late yesterday, the Massachusetts chip shop posted a 24-percent increase in second-quarter earnings and boosted its quarterly dividend to 16 cents per share. Net income came in at $145.8 million, or 39 cents per share, up from $117.6 million, or 31 cents per share, during the same period in the prior year. Analysts were expecting income of 40 cents per share. Quarterly revenue was $643.9 million, compared with the year-ago figure of $603.7 million. For the third quarter, ADI forecast third-quarter revenue of $675 million to $685 million. Today, Prudential reiterated the stock at "neutral" and Piper Jaffray cut its 12-month price tarter to $32 from $37.

Yet again General Motors (NYSE:GM) is on our winner's list. The stock took a tumble yesterday, falling almost three percent as the Dow slipped more than 140 points. However, there are signs of strength today. The Dow was down more than 70 points at last check, but GM is gaining ground, and there is evident support at the 25 level.

Another stock doing well today, despite the general selling is Cisco Systems (NASDAQ:CSCO) However, today's gains follow two days that saw sharp drops in the price, so CSCO looks set to close down on the week. Today, Sanford Bernstein upgraded the stock to "outperform" from "market perform." CSCO slipped to the twin support of its 20-day moving average and the $20 level. If you're long on the stock you might watch for a close below $20, which would suggest weakness.

Finally, several energy stocks are logging losses today, after the International Energy Agency adjusted its global demand growth view to 1.25 million barrels per day from 1.47 million barrels. EOG Resources (NYSE:EOG) had lost more than four percent by the time we grabbed our figures, while Noble (NYSE:NE) pulled back 3.7 percent. On the New York Mercantile Exchange, June crude closed at $72.04 per barrel Friday, down $1.28 for the session.

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=15604 .

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=15604 .

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Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com , is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method .