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.