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.

"Tsakos Energy Navigation Ltd. (NYSE: TNP) is my top pick for 2008 -- a stock for more conservative investors," says Neil Macneale, editor of 2-for-1, a newsletter that chooses its portfolio candidates exclusively from stocks that have just announced splits.

" (NYSE: ) is my top pick for 2008 -- a stock for more conservative investors," says , editor of , a newsletter that chooses its portfolio candidates exclusively from stocks that have just announced splits.

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.

"Rofin-Sinar Technologies (NASDAQ: RSTI) is my top speculative pick for 2008," says Neil Macneale, editor of 2-for-1, a newsletter that chooses its portfolio candidates exclusively from stocks that have just announced splits.

"Rofin-Sinar is a cross between an old line manufacturer and a high-tech 'new economy' company. It manufactures lasers used by other manufacturers to weld, cut, and mark various materials.

"Rofin has been in business for 30 years and is a world leader in industrial laser technology. Growth has been steady and significant over the last five years. Earnings have increased an average of 52% a year for five years and justify the above average P/E ratio of 26.5.

"RSTI pays no dividend and has volatility over twice the average for listed companies, so the stock wouldn't be recommended for the 2-for-1 portfolio, but this is a strong business and I see the possibilities for significant outperformance over the next few years."

Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.

Stock split expert Neil Macneale looks to the steel industry for both of his picks for 2007; Steel Dynamics (NASDAQ: STLD) is his top conservative investment while Chaparral Steel (NASDAQ: CHAP) gets the nod as his favorite speculation.

The editor of 2-for-1 explains, "As a group, stocks that have split have been found to outperform the market and, by investing only in splits, the portfolio is exploiting that anomaly. Our model portfolio is 'laddered' by buying and selling one stock each month, thus keeping the portfolio constantly at 30 stocks.

"Several steel companies and mining companies have announced splits in the recent months. Steel is historically a cyclical business, but the U.S. economy is strong at the moment, and should only get stronger as the housing sector recovers.

"In addition, U.S. steel companies now have pricing power they haven't enjoyed for decades, due to demand in Asia for their own locally produced steel. For these reasons steel, in general, should have a good run for the next year or two, and two companies, in particular, are well positioned to lead the pack.