"Biotech company Celgene Corp. (NASDAQ: CELG) is a prime example of a stock that plays both offense and defense," says Ian Wyatt.

In his Top Stock Insights, he explains, "The valuation is low and growth is attractive. With the pipeline of products in development, Celegene offers investors a huge upside potential."

"Celgene offers investors a steady product base, a variety of drug treatments in development and a cash pile ready to purchase existing technologies.

"Celgene engages in the discovery of therapies designed to treat cancer and immune-inflammatory related diseases. They have a number of products at the commercial stage.

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 speculative idea for 2008 is China Natural Gas (NASDAQ: CHNG)," says Ian Wyatt, editor of Rising Star Stocks. "The Delaware-registered public company owns and operates natural gas-related businesses in China.

"Its core business is the distribution of compressed natural gas as a vehicular fuel to retail end users and as a natural gas utility supplying over 71,000 residential customers in Lantian County, Lintong and Baqiao Districts in the City (jurisdiction) of Xian.

"Natural gas is one of the cleanest energy sources and one of China's most abundant natural resources. For this reason, the Chinese government sees compressed natural gas (CNG)-powered vehicles as part of the solution to its national environmental woes.

"For 2007 analysts estimate earnings of 38 cents per share on revenues of $33.9 million, an increase of 80% from revenues of $18.8 million in 2006. In 2008 analysts see China Natural Gas growing its earnings to 58 cents on revenues of $55.4 million, a 63% increase from the 2007 estimate of $33.9 million.

Last December, over 100 stocks were featured in our Top Picks for 2007 report. Now, at mid-year, we turn to the 20 advisors whose picks showed the strongest gains to get an update on their previous picks, as well as a new favorite stock for the second half of the year.

Ian Wyatt, editor of Growth Report, chose LJ International (NASDAQ: JADE) as his favorite for 2007, which rose an exceptional 173% and put Wyatt in the top spot among all advisors in the annual report. Here is his original recommendation and his current opinion on the stock.

For his favorite for the balance of 2007, he continues to look toward China, with his selection of Harbin Electric Inc. (NASDAQ: HRBN). The advisor explains, "Harbin is a growing manufacturer of linear motors in China. Revenues are currently derived in China, but the company has its sights on international markets.

"Strong demand for industrial applications in China will drive the market for linear motors, including factory automation, airport applications, packaging and the oil service industries. Low-cost manufacturing facilities in a modern, 200,000-square-foot manufacturing facility, coupled with cheaper labor costs in China, give Harbin an added competitive advantage.

"A linear motor is an electric motor that produces linear force, in contrast to the rotary torque produced by conventional motors. More important, linear technology is clean, efficient, and generates high speeds. Other advantages include quietness, lower long-term maintenance costs, small size, easy control and installation, and the ability to be used in adverse conditions.

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.

American Dairy, Inc. (NYSE: ADY) is the top conservative idea for 2007 from Ian Wyatt, editor of The Growth Report. He notes, "American Dairy is a pure play in the Chinese dairy industry. It is a small-cap Chinese stock that provides investors with impressive growth in an expanding market at an attractive valuation.

"Helping to drive growth is the company's focus on quality and brand recognition. Consumer concerns relating to quality issues along with rising income levels in China are allowing consumers to spend more on premium products.

"China's market for the consumption of dairy products is at an early stage and poised to grow. The country's current dairy consumption stands only at about a fifth of the world average, according to the Ministry of Agriculture in China.

"In China, there is also a governmental push to promote the drinking of milk as part of a healthier diet. And given that there are over 200 million primary school children in China, the growth potential is sizeable.