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 commodity bull market has a long way to run, powered by explosive growth in the BRIC (Brazil, Russia, India, China) countries," says Sean Broderick, resource stocks editor for Money & Markets.

"My top conservative pick to play the broad commodities bull market is the broad-based exchange-traded PowerShares DB Commodity Index Tracking Fund (NYSE: DBC).

"As an ETF, it is like a mutual fund. However, ETFs usually have lower costs than a mutual fund and you can buy and sell an ETF throughout the day, whereas a mutual fund trades once a day.

The PowerShares DB Commodity Index Tracking Fund has a long name but a simple idea -- the fund invests in commodities: crude oil, heating oil, aluminum, gold, corn and wheat. DBC invests in that basket of commodities by purchasing futures contracts. It rebalances annually to 35% crude, 20% heating oil, and 10% to 12.5% of the other four."

"On an ongoing basis, we try to talk with the managers of the funds in our Best Buys portfolio; we recently spoke with Charlie Ober of T. Rowe Price New Era (PRNEX)," says Mark Salzinger in The No-Load Fund Investor. Here are highlights from his discussion with the resources manager.

"Ober has positions New Era not only to benefit from likely strong profits in the broad natural resources sector, but also to protect against rising costs within the sector itself. The fund continues to have a large position in energy stocks, which is now 70% of the portfolio.

"Ober has been gradually adjusting the mix of the fund toward oil and gas services and drilling companies, along with engineering and construction firms.

"These types of companies have pricing power, and they can serve the U.S. energy producers along with non-U.S. independent products and the many state-owned or affiliated oil producers overseas. As of the end of July, these types of companies represented six out of the top ten holdings.