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 top conservative pick for 2008 is Fidelity Large Cap Stock (NASDAQ: FLCSX)," says Jim Lowell, mutual fund expert and editor of The Fidelity Investor.

"Unlike most every diversified growth fund from any fund family, you won't find small-cap stocks in this portfolio. You will find companies with established growth records (based on actual products and actual earnings).

"A top-ranked manager, according to our proprietary manager ranking system, Mat Fruhan came to this fund back in May of 2005 by way of having successfully managed several Fidelity sector funds (including Financial Services, Air Transport, Cyclical Industries, Defense & Aerospace and Consumer Staples, called Food & Agriculture when he ran it back in 2001).

"The fund isn't as growth-oriented as some in his peer group, but despite having financials rule his sector-weighting roost, he's managed to deliver reasonable returns.

"His concentrated portfolio (190 names) and focus on his top ten picks (28% of the fund's assets are invested therein), make this fund a solid choice for participating in what is likely to remain a general flight to quality (ie., a continued climb up the capitalization ladder) in 2008."