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.

"If you are looking for a quality company paying an outstanding dividend with excellent upside potential, I recommend Terra Nitrogen (NYSE: TNH), my top conservative selection for 2008," says Dennis Slothower, editor of Stealth Stocks.

"The company produces and distributes nitrogen fertilizer products, used primarily by farmers to improve yield and quality of their crops. With the trend toward bio-fuels, the demand for nitrogen fertilizers has an exponential future.

"The company is one of the largest North American producers of anhydrous ammonia, ammonium nitrate and nitrogen solutions, and is the largest producer of ammonia and ammonium nitrate in the United Kingdom.

"I like this stock for several reasons. It pays a very handsome dividend of 7%, but this is also a growth company that is undervalued with a P/E ratio of 12 times earnings but a sales growth rate of 45%.

"The intrinsic value of this stock is $235 a share. This has the potential of doubling or even tripling your investment over the next three to five years while paying an excellent dividend."

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.

"If you are looking for an excellent technology company with plenty of upside potential, I recommend L.G. Philips LCD Co, LTD (NYSE: LPL)," my favorite aggressive speculation for 2008," says Dennis Slothower, editor of Stealth Stocks.

"The company, located in South Korea, is the world's largest merchant supplier of large-size TFT-LCD panels, primarily used in high-definition televisions, notebook computers, desktop monitors, cell phones and other applications.

"Its display panels are included in products sold by LG Electronics, Philips Electronics, Dell, Hewlett-Packard, Toshiba, and Apple, among others.

"LPL is at the cutting edge of technology and is benefiting from the insatiable demand for consumer electronics. It is also currently trading at low valuations based on sales and book value. At $28 a share LPL is trading only 1.4X sales and 2.4X book value.

"The company has $1.8 billion in cash on its balance sheets and sales are growing at 43% growth rate. Over the trailing 12 months, sales reached more than $14 billion. The intrinsic value on this stock is in the $50 to $60 range, which I see hitting in the next two or three years."

Growth expert Dennis Slothower has chosen Vodafone Group (NYSE: VOD) as the latest "stock of the month" in his Stealth Stocks newsletter.

He notes that the London-based firm is a world leader in providing voice and data communications services for both consumer and enterprise customers, with a significant presence in Europe, the Middle East, Africa, Asia, Pacific and the United States.

Indeed, he points out, the company has equity interests in 25 countries; partner market arrangements extend the group's footprint to an additional 38 countries with 206 million mobile communications customers.

He explains, "Vodaphone Group is continually developing and enhancing service offerings, particularly through third-generation (3G) mobile technology, which has been deployed in the majority of its operations."

With interest rates falling, he observes, the technology sector is leading the way and the wireless sector is leading the technology sector. And the company, he says, has grown earnings over the past year at a 25% rate.

Says Slothower, "This stock has everything I like: international exposure, a 2.5% dividend and a low P/E ratio. I would not be surprised to see VOD double over the next 18 months."

According to my numbers, he contends, Vodafone should be selling in the $70 range over the next three to five years. He concludes, "It is currently trading in the low $30 range, so VOD has a large upside potential. Place a sell stop at 25% below your entry price. As the stock rises, continue to raise your stop."

Each day, Steven Halpern's TheStockAdvisors.com features the latest stock picks and investment ideas from the nation's leading financial newsletter advisors.