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.

"With the worlds largest and a quickly growing population of 1.3 billion people, China has many mouths to feed," observes small-cap specialist Ian Wyatt.

In his Small Cap Investor Pro, he explains, "One of my favorite China small cap stocks is AgFeed Industries Inc. (FEED), a hog feed and breeding company."

AgFeed Industries (NASDAQ: FEED) is the top premix feed company in China, operating through subsidiaries that develop and manufacture blended feed and feed additives for the Chinese domestic pork husbandry market. One division also makes premixed chicken feed. Products are sold through over 500 independently owned sales agents, concentrated in key agricultural regions across the country. AgFeed also operates its own hog farms. It is currently ranked as the second largest commercial hog producer in the country.

The firm pleased investors last week, when it issued FY08 EPS guidance of 96 cents to $1.10. The Street had been expecting 96 cents. Earlier this week, it followed that news with word that it had entered into agreements to acquire majority ownership of several more commercial hog farms in southern China provinces. The deal involved a price less than three times projected 2008 net income for the businesses.

Here are some highlights from this past week's earnings coverage from BloggingStocks:

• Adobe Systems Inc. (NASDAQ: ADBE) first-quarter profit soared and it offered an encouraging outlook.
• AgFeed Industries Inc. (NASDAQ: FEED) full-year results were in line with expectations.
• Credit Suisse Group (NYSE: CS) warned that it expects a first-quarter loss due to write-downs.
• Discover Financial Services (NYSE: DFS) first-quarter profit plunged on the unloading of Goldfish
• FedEx Corp. (NYSE: FDX) posted lower-that-expected third-quarter earnings on rising fuel prices.
• 4Kids Entertainment Inc. (NYSE: KDE) posted dismal fourth-quarter and full-year results.
• GameStop Corp. (NYSE: GME) posted strong fourth-quarter earnings on Guitar Hero and other games.
• General Mills Inc. (NYSE: GIS) third-quarter profit surged on increased demand for Cheerios, yogurt, etc.
• Goldman Sachs Group Inc. (NYSE: GS) posted better-than-expected first-quarter earnings.
• Lehman Brothers Holdings Inc. (NYSE: LEH) posted better-than-expected first-quarter earnings.
• Lumber Liquidators Inc. (NYSE: LL) beat estimates on infrastructure investments and merchandise variety.
• Morgan Stanley (NYSE: MS) posted better-than-expected first-quarter earnings.
• Nike Inc. (NYSE: NKE) third-quarter profits soared on strong international demand.
• Shuffle Master Inc. (NASDAQ: SHFL) missed expectations for the first quarter.
• Siemens AG (NYSE: SI) lowered its earnings outlook on delays and order cancellations.

Also, Google Inc. (NASDAQ: GOOG) is recession proof? Ted Allrich wonders if there are any safe stocks. Jim Cramer doesn't expect much from tech stocks. And Aaron Katzman looks at the effect of rising grain prices.

Upcoming results to watch for include Walgreen Co. (NYSE: WAG), Tiffany & Co. (NYSE: TIF), Oracle Corp. (NASDAQ: ORCL), ConAgra (NYSE: CAG), and KB Home (NYSE: KBH).

Visit AOL Money & Finance for more earnings coverage.

AgFeed Industries (NASDAQ: FEED) is the top premix feed company in China, operating through subsidiaries that develop and manufacture blended feed and feed additives for the Chinese domestic pork husbandry market. One division also makes premixed chicken feed. Products are sold through over 500 independently owned sales agents, concentrated in key agricultural regions across the country. AgFeed also operates its own hog farms. It is currently ranked as the second largest commercial hog producer in the country.

The firm pleased investors last week, when it reported Y07 EPS of 25 cents and revenues of $36.16 million. The Street had been expecting 25 cents and $36.0 million. Management also guided FY08 EPS to $0.96-$1.10 ($0.96 Street) and FY08 revenues to $135.0 million ($134.88M Street). The company anticipates doubling the number of stores in its AgFeed product chain by the end of the year.