This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.

"If Obama wins, we would seek to profit from his plans to increase infrastructure spending; we would suggest investing in the Industrial Select Sector SPDR (NYSE: XLI)," says fund expert Doug Fabian in his Successful Investing.

"One sector that I think will perform well if Obama wins the election is industrial infrastructure. The Democratic candidate repeatedly has said that the nation needs to rebuild its aging infrastructure, including bridges, the power grid and our water delivery and reclamation system.

"I think there will be a lot of federal money doled out to the states for this purpose if Obama is president -- especially if the Democrats gain seats in Congress.

"One way to play this likely increase in infrastructure spending is via the Industrial Select Sector SPDR, an exchange traded fund focused solely on this area.

"This ETF includes companies from the following industries: building products, construction, engineering, electrical equipment and conglomerates.

"This fund normally will invest at least 95% of its total assets in common stocks that comprise the Industrial Select Sector Index."

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

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.

iShares MSCI Canada (ASE: EWC), an exchange-traded fund, is the top conservative investment idea for 2007 from ETF expert Carl Delfeld, editor of the Chartwell ETF Advisor.

Delfeld explains, "For a conservative pick, I like Canada. The overall Canadian market, as reflected in the iShares Canada index is trading at just 14 times earnings with strong currency, fiscal discipline, and great play on long-term commodity upswing.

"The perception that Canada is nothing but a commodity play is wrongheaded. In fact, the Canadian economy is well diversified, with only 5% of of its GDP attributed to mining. About 15% of GDP comes from tourism and 60% from services. It also represents a sizable and liquid stock market, and a healthy and vibrant financial center."

To see Carl's favorite speculative idea for 2007 click here.