Zacks.com announces that Gregory Spear highlights the following stocks: OMI Corp, Google and Movie Gallery.

CHICAGO -- Gregory Spear explains that Thursday's rally saved the day. Learn how and read about OMI Corp (NYSE: OMM), Google (Nasdaq: GOOG) and Movie Gallery (Nasdaq: MOVI). Gregory Spear is the editor of The Spear Report newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the June 16 Featured Expert column by Gregory Spear include:

A sampling of profiled stocks:

OMI Corp (NYSE: OMM) owns and operates a fleet of 49 oil tankers and product carriers, comprised of 13 Suezmaxes for carrying crude oil and 36 "clean" product carriers.

In the most recent quarter, OMI reported revenues up 17% to $193 million and net income of $63.5 million or $0.89 a share, a penny better than the year-ago quarter and a company record for the first quarter. Interestingly, while crude oil revenues declined slightly, the revenue from its product carriers increased sharply, with day rates up 21% sequentially and 31% above year-ago levels. During 2006, OMI has a $70 million share repurchase program in effect, which is about 60% competed and the company pays a 2% dividend.

Google's (Nasdaq: GOOG) recently introduced a spreadsheet application that suggests an incipient assault on Microsoft's desktop suite. Earlier in the year, the company acquired Writely, which provides a Web-based word processing program. These tools will become future advertising platforms for those who want free software. They won't replace Microsoft's dominance at the enterprise level, but they will fill an underserved niche as computing becomes ubiquitous, and help assure Google's global penetration at the consumer and small business level.

Google reported revenues of $2.25 billion for the quarter ended March 31, an increase of 79% year-over-year and 17% sequentially. That is impressive for a company that is already over $100 billion in market cap. On a worldwide basis, Google employed 6,800 people at the end of the first quarter, up 20% from the beginning of the year. Earnings for the first quarter came in at $1.95 per share, up 60% sequentially and the company has about $10 billion in cash.

A Stock from the Consensus Buy List:

Movie Gallery (Nasdaq: MOVI) owns and operates 695 video specialty stores in 17 states, primarily in the Southeast and Midwest, that rent and sell videocassettes and video games.

Read Gregory Spear's commentary on Thursday's rally and his update on homebuilders. Then receive more information on the companies above as well as other stocks by clicking: http://at.zacks.com/?id=85

About Zacks Featured Experts

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