This post is part of Japan: A Special Report for Investors.

"The battered northeast of Japan -- the center of the country's pulp and paper industry -- will take years to revive. I anticipate Japan will have to import wood products and the Finnish giant Stora Enzo (SEOAY) will be one of the suppliers to Japan," asserts Vivian Lewis.

The editor of Global Investing explains, "Northern Europe is where pulp will come from, and where Japan will buy the lumber it needs to rebuild.

This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Insurers benefit when things go wrong; that explains our latest top pick, Catlin Group Ltd. (CNGRY)," says global stock specialist Vivian Lewis.

The editor of Global Investing explains, "Incorporated and regulated in Bermuda, and listed primarily in London, Catlin Group is the largest syndicator at Lloyd's of London, the reinsurance business. It's also a favorite holding of institutional investors.

"Food prices in China have again rising sharply; the average price of 18 staple vegetables rose 62.4% year over year according to the Ministry of Commerce," says global stock specialist Vivian Lewis.

The editor of Global Investing explains, "One way to gain from rising Chinese vegetable prices is Le Gaga Holdings (GAGA). The small cap Chinese veggie producer is a recent IPO.

"Fed by the Kimche crisis in Korea, Chinese shoppers are now paying 10x as much for a head of cabbage (bok choi) as a year ago. Other pricey foods are garlic and ginger, both near double year-ago levels.

"Japanese stocks are the elephant in the room as President Obama visits the Asian democratic countries, among them Japan," says international stock expert Vivian Lewis.

The editor of Global Investing highlights two favorite Japanese stocks for investors comfortable buying individual shares: Hoya (HOCPF) and Makita Corp. (MKTAY).

"Given the stock market setback, the time to buy has come. So what is a global investor to do now? Where in the world do we go?" asks Vivian Lewis.

The editor of Global Investing reviews five global investment ideas: Mexico's Cemex (CX), Canada's Cameco (CCJ), Greece's Coca Cola Hellenic (CCH), Israel's Teva Pharmaceutcial (TEVA), and India's ICICI Bank (IBN).

"I think this May correction has been the result of insane blind total panic in the wake of the still unexplained flash crash. Logically nothing explains the sell-off -- nada, nichevo, nichts, rien. To imagine that Greece is going to pull down Britain, Germany and France is simply ridiculous.

"For our latest recommendation, we enter into the world of software again with an Israeli small cap: Click Software Technologies (CKSW)," says Vivian Lewis.

The editor of Global Investing says, "Its software lets companies and government entities manage their workforce and customer service by fully integrating call centers, customer relationship management (CRM), scheduling, location tracking, and mobile telephony links with workers in the field and their waiting customers."

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

Given her concerns about overall market valuation, global expert Vivian Lewis is selecting her top pick from among stocks she calls "dividend payers and fallen angels."

In her Global Investing newsletter, she explains, "I consider BCE (BCE), with its 6% yield, a great buy." Here's her review of the Canada-based telecom company.

In her top-performing Global Investing advisory, Vivian Lewis looks at a lesser-known area of the income market -- non-cumulative preferreds -- explaining these vehicles and offering some favorites.

"Over 20 years ago, Barclays Bank, which is British, invented a new vehicle for raising money in the U.S. market to enhance its capital ratios and finance its growing dollar business.

"They were called non-cumulative preferred shares and were issued at $25/share to pay dividends four times a year just as normal U.S. stocks do. The clear target for these vehicles was U.S. retail investors.

"You may not have your eye on Alcon Inc. (NYSE: ACL), but if you wear contact lenses, suffer from dry eyes, worry about glaucoma, or even if you have hay-fever, you may have bought ACL products," notes global expert Frida Ghitis.

Here, the contributing advisor to Vivian Lewis' Global Investing, explains, "This Swiss eye drug giant has with its eyes on both the bottom line and the pipeline.

"As the world's largest eye care company, ALC has excellent management, stellar performance, promising demographics, and an intriguing ownership structure.

"Demographics bode well. Aging eyes need attention. Demand will rise for glaucoma medication, dry eye treatments, and other Alcon top sellers. As emerging markets grow their middle class, eye-care will be affordable by millions more people.

Two leading global experts have both turned bullish on France's Veolia Environnement (NYSE: VE). Vivian Lewis, in her Global Investing, notes, "Veolia is the way to play the 'water works square' on the monopoly board."

Nicholas Vardy, editor of Global Stock Investor suggests, "The smart money is betting that water may be the 'oil of the 21st century.' And Veolia is my number one way to profit from this global megatrend."

Vivan Lewis says, "We recommend buying French water and sewage conglomerate Veolia at current prices; the stock has been brought down by niggling Euro-concern about its levels of debt. The company is also being penalized for acquisitions.

"Veolia is the former Générale des Eaux, a municipal service firm. This history creates an image problem for VE which is seen as a utility.

"Our main reason for the buy, apart from price, is that this is a fast growing company with good earnings in a hot sector. In 2007, VE had revneues of euros 32.6 bn, up 14% on which its recurring net profit fost 22.5% to euros 933.2 mn. Earnings per share were euros 2.16, up 13.7%.

"Another reason for liking VE is that it is moving into China big-time, with waterworks in Tianshin and Shibai and environmental service in Juijiang. All in all, France still represents 44% of sales and the rest of Europe 36%. VE does about 10% of its business in the U.S. and the Chinese are part of the remainder.

In a post earlier this week, we looked at two of Warren Buffett's positions in transportation stocks. He has also revealed in SEC filings that Berkshire Hathaway (NYSE: BRK.A) has bought 1.51 million ADRs of GlaxoSmithKline (NYSE: GSK).

Vivian Lewis, who holds GSK in her Global Investing portfolio, explains, "GlaxoSmithKline is off 22% since our purchase late in 2006, so how nice that the Oracle of Omaha sprung for it now. Why did he?

1) The stock has a a 4.5% yield, always nice. Buffett is a value player, not a growth man, especially in the current economy. Drugs are refuges in a downturn;

2) A recently defused scandal over its lead drug, diabetes treatment Avandia, whose nasty side-effects (heart trouble) surprised doctors and researchers. The heart trouble also affects competing diabetes drugs, result of too-rigorous attempts to 'normalize' blood sugar levels. There will be lawsuits but they ignore the fact that the side-effect was unanticipated;

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.

"Fear or war or nuclear conflagration is not the main reason for owning gold; rather, investors should buy gold to protect against inflation," explains Vivian Lewis, editor of Global Investing Pro, and the top stock picker in last year's Best Stocks report, with her selection of DryShips.

"This is not advice only for US investors. All central banks face a dilemma: On one hand, they can cut interest rates and print money to deflect subprime and credit crunch dangers while letting inflation rip. On the other, they can insist on discipline and inflation fighting, letting the economy's chips fall where they may.

"My top conservative investment idea for 2008 is StreetTracks Gold Trust (NYSE: GLD), which is an exchange-traded fund. In fact, the amount of gold held by StreetTracks now exceeds the gold reserves of China. It holds 602.37 tonnes of the yellow metal, whereas China only holds 600 tonnes. (A tonne is a metric measure equal to about 3,520 ounces.)

"US investors can also consider iShares Comex Gold (ASE: IAU). Both are ETFs that own physical gold bullion. However, they track different gold market prices.

"GLD tracks the London fixing and Comex ETF tracks the Chicago commodity price. You can buy whichever one is cheaper at the moment you decide on going for the gold."

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.

"The most boring part of the stock market is foreign bank non-cumulative preferred stocks," explains Vivian Lewis, in her Global Investing Pro. (Incidentally, Vivian was the #1 performer in last year's Best Stocks report.)

"But there is money to be made if you can keep your eyes open and your wits about you. For nearly 20 years, since the vehicle was invented by Barclays plc, British (and Irish) banks have issued preferred stock in denominations attractive to yield-hungry US investors, $25 at issue.

"These preferred shares have an expiration date. They normally run for ten years, after which they may be called. (They are not always called at maturity, if the issuing bank doesn't want to repay the $25 and interest rates are close to the level at which the preferred was issued.)

"They sometimes can be called at a discount from the issue price before the ten years are up, although in a period when banks are capital-hungry this is unlikely.

Speaking seven languages, Vivian Lewis travels the world to uncover ideas for her Global Investing newsletter. She also monitors research from leading investment firms around the globe to add to her analysis.

To support her own bullish outlook on Israel-based Alvarion (NASDAQ: ALVR), she cites analyst Ehud Eisenstein of Oscar Gruss, who speculates that the firm could be a takeover target for Cisco (NASDAQ: CSCO).

Lewis explains, "Oscar Gruss did an update on WiMAX solutions company Alvarion, in which it reiterated its 'Buy' rating and raised its target price to $17 per share from $13. The analyst also seems to think it really can be a target for a Cisco Systems takeover bid.

"Eisenstein writes, 'Alvarion continues to lead emerging WiMAX. Our recent visit to the WiMAX World Conference in Chicago, and a comprehensive session with Alvarion management, lead us to believe that the WiMAX industry continues to make important strides, and Alvarion is well-positioned to maintain its leadership position in that space.'

"He continues, 'Management addressed their key technology differentiators, namely: greater cost-to-performance ratio, higher radio combinations, vendor agnostic approach, and the broad installation base.

"The Oscar Gruss analyst notes, 'We view Alvarion as a clear growth name. First, of the 200 WiMAX vendors who participated in WiMAX World last week, Alvarion is the only pure-play public company positioned to play the expected growth in WiMAX subscribers.'

"If you are missing exposure to infrastructure, please head straight for the closed-end Macquarie First Trust Global Infrastructure Fund (NYSE: MFD)," says Vivian Lewis, editor of Global Investing.

Macquarie/First Trust invests only in infrastructure and utilities stocks. The advisor explains, "By prospectus, it is a a non-diversified portfolio of equity, debt, preferred or convertible securities, and other instruments (which may include Canadian income trusts and Australian stapled securities)."

She continues, "These holdings produce income or assets from managing, owning or operating infrastructure and utilities assets in a group of 'safe' countries. MFD also invests in infrastructure senior secured floating-rate loans."

Lewis points out the the parent company, Macquarie, has been an Australian victim of U.S. sub-prime housing loans gone sour. She notes, "The parent company may have to cover losses from two funds for Australians invested in the U.S. sub-prime market."

However, she emphasizes, "The U.S. fund that we are recommending is protected from these problems. This fund is not investing in real estate but rather in infrastructure. The sub-prime issues are bad for the management company, the Australian financial sector, and even the Austrailian dollar. But not for MFD, which is a screaming bargain."

Each day, Steven Halpern's TheStockAdvisors.com features the latest investment ideas and market commentary from the financial newsletter community.