For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"Our top conservative stock idea for 2008 is Focus Media Ltd. (NASDAQ: FMCN)," says Jim Trippon, editor of The China Stock Digest. "Founded only four years ago, Focus Media now calls itself China's largest out-of-home media company; it has blanketed China's first and second tier cities with tens of thousands of display ads.

"Focus Media is growing powerfully on the strength of a rapidly expanding out-of-home advertising business in a booming economy. With revenue growth in all of its corporate sectors expanding at approximately 100% year over year, this company is delivering unprecedented profitability.

"With the Beijing Olympics approaching, we expect an extra surge in out-of-home advertising revenue and demand. The company is aggressively pushing its pricing to the market's tolerance and expanding its network. 2008 should be a banner year for Focus Media.

"Although competitors are emerging, Focus Media continues to stake out new territory with a presence in 90 cities, operations in the special administrative zone of Hong Kong, and all but one mainland province.

"Barriers to entry by new competitors in this field are quite high and Focus tends to buy up serious competition. Its network throughout China gives the company unique advantages.

"Focus Media appears to be well positioned to continue increasing earnings in tandem with the growing middle and upper class that the company has targeted in China. The company has indicated it may also pursue expansion in other emerging Asian nations.

"The upcoming Beijing Olympic Games are an especially powerful driver for outdoor advertising awareness in China's major cities. Further, the Chinese government's push to expand the economy into more remote cities has opened new territory for the company to expand regionally.

"Increasingly, the Chinese people are spending more time out of their homes, in their cars, at their offices and on their mobile phones, giving Focus Media more exposure to a captive audience."