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.

"My favorite conservative fund for 2008 is Gateway Fund (NASDAQ: GATEX)," says Ron Rowland, editor of All Star Fund Trader.

"This past year, the markets struggled. The question is where 2008 is heading. Our indicators show continued challenges in US equities based upon fundamental economic weakness. Because of subprime mortgage defaults and other related issues, investors should consider a strong but conservative strategy for a portion of their holdings.

"One place to look is Gateway Fund. With over $4 billion in assets and an impressive, long-term track record, Gateway typically meets the objective of a higher total return with less risk than the S&P 500. Its five-year chart resembles a gentle upward slope -- exactly what you want when reviewing conservative funds.

"Other funds have tried a similar strategy, but none have the longevity or track record that GATEX offers. To defend
against further market irregularities, look to Gateway Fund in 2008."