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@Deleted 

Let's say the range you want to format is B2:B50, and that the symbol is "&".

Select this range.

I'll assume that B2 is the active cell in the selection.

On the Home tab of the ribbon, select Conditional Formatting > New Rule...

Select 'Use a formula to determine which cells to format'.

Enter the formula

=AND(FIND("&",B2)>4,ISERROR(FIND(" ",B2)))

Click Format...

Activate the Fill tab.

Select a highlight color.

Click OK, then click OK again.