Zacks.com announces that Gregory Spear highlights the following stocks: New Century Financial and Cepheid.

CHICAGO -- Gregory Spear, editor of The Spear Report Professional Edition newsletter, explains that Thursday's market action was one more confirmation of the validity of this rally. Learn about New Century Financial (NYSE:NEW) and Cepheid (NASDAQ:CPHD). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 E[acute accent]Highlights from the November 11 Featured Expert column by Gregory Spear include:

E[acute accent]Commentary

E[acute accent]Yesterday Gregory Spear and his team noted the powerful "scouting party" buy program that hit the market mid-day on Wednesday. That was a test for what happened on Thursday, when we got the real thing. Thursday's rally was a textbook large-cap affair with the highest volume of the week. This is one more confirmation of the validity of this rally. Spear and his team's technical read of the market internals is equally supportive. E[acute accent]In their weekly edition, Spear and his team profile New Century Financial (NYSE:NEW), the subprime lender they have in their trading portfolio at this time. In September, New Century cut earnings guidance due to shrinking margins, which caused a nasty gap down in the stock. The real estate investment trust said it now expects full-year earnings per share of $7.25 to $7.75, down from its prior target of $8.25 to $9. That knocked shares down from $38 to $30. Nevertheless, NEW maintained dividend guidance of $6.50 for 2005 and $7.30 for 2006. NEW is a REIT and distributes its earnings as cash. At a $34 share price, that is a 21% dividend return over the next 12 months. E[acute accent]Spear and his team are also profiling an "avian flu stock," but the company, Cepheid (NASDAQ:CPHD), is really much more than that. This is the company whose technology is used by the US Postal Service to check for anthrax. While most AI stocks are currently losing altitude, CPHD has gone up every day in the last week. E[acute accent]Read Gregory Spear's complete commentary and check his commentaries on a daily basis by clicking: http://at.zacks.com/?id=85

E[acute accent]About Zacks Featured Experts

E[acute accent]Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. That is why Zacks Investment Research has assembled the best investment experts in the business to offer their powerful advisory newsletters on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. E[acute accent]Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail newsletter. Register for a free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

E[acute accent]About Zacks

E[acute accent]Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind Zacks work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. The goal is to unlock these pros' profitable insights for individual investors hard-pressed to find this valuable information in one source. A free subscription to "Profit from the Pros" weekly e-mail newsletter provides the best way to use these experts' insights for more profitable investing. Register now for a free subscription to the Profit from the Pros newsletter at http://at.zacks.com/?id=87 E[acute accent]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.

E[acute accent]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.