This post is part of Japan: A Special Report for Investors.

"Japan continues to reel from the aftershock of the magnitude 8.9 earthquake and subsequent tsunamis; among the hardest hit is the nuclear industry, which supplies 30 percent of the country's electricity" notes utility sector expert Roger Conrad.

The editor of The Utility Forecaster explains, "There's still a lot we don't know about the crisis. We've seen a massive selloff of in all things nuclear.In my view, this drop will be reversed as the situation calms down.

"Eighteen percent: That's the compound annual rate of return that Enterprise Products Partners (EPD) has showered on investors the past decade," says utility sector specialist Roger Conrad.

The editor of The Utility Forecaster explains, "And with a yield of nearly 6 percent--and a payout growing almost 6 percent yearly--the owner and operator of midstream energy assets is on track for much more.

"Last March, Enterprise Products' legendary founder Dan Duncan passed. The company he left, however, is still growing rapidly, most recently tapping into the boom in natural gas liquids (NGL).

This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Even among great companies, one year's leader is often the next's laggard and vice versa; MDU Resources (MDU) is one under-performer that looks increasingly likely to get it's legs back in 2011," says utility stock specialist Roger Conrad.

The editor of The Utility Forecaster explains, "The company is best thought of as a financially conservative resource company, whose cash flows are anchored by solid regulated energy assets.

"RioCan REIT (RIOCF), the owner of high-quality shopping malls across Canada that's used the last two years to dramatically boost its portfolio growth potential," says Canadian trust expert Roger Conrad.

The editor of Canadian Edge explains, "Its 6 percent yield has consistently grown since I first added it to the Portfolio as an original member back in July 2004. And growth is accelerating again as recent investments pay off.

"Even the most conservative investors will find much to like in RioCan's reliability, unrecognized growth potential and 6 percent yield.

"Rising demand for electricity has been among the surest trends on which you could bet for the past 100 years;" says utility sector and income expert Roger Conrad.

The contributing editor to Personal Finance explains, "That's money in the bank for the companies that produce and distribute power, including these three Income Portfolio power plays: Dominion Resources (D), Southern Company (SO), and Xcel Energy (XEL).

"After a dip in 2008-09, Americans' power use is climbing again, as more and more electricity-using devices become essential to modern life.

"Economic trends, political winds and investment fads come and go. But companies that grow cash-generating assets build wealth year in, year out," says utility sector specialist Roger Conrad.

The editor of Utility Forecaster adds, "One such stock is MDU Resources (MDU), which I have selected as my 'growth spotlight' stock.

"Including reinvested dividends, MDU Resources has multiplied investors' money 10-fold since my original recommendation in September 1990.

"Last March, we featured some counterintuitive advice to buy REITs; that basket of stocks has since doubled in value," notes income specialist Roger Conrad.

The contributing editor to Personal Finance explains, "And while our favorite REITs may not be as cheap as they were 18 months ago, they do offer generous payouts that won't be affected if the Bush tax cuts sunset.

"Not only did our favorite REITs pass the toughest stress test in decades, but they also operate in attractive localities and are flush with cash thanks to recovering equity values and attractive borrowing rates.

"There's a lot more consolidation ahead for the utility sector. Indeed, deal-making is picking up again," says utility sector specialist Roger Conrad.

The editor of Utility Forecaster explains, "CH Energy Group (CHG), Consolidated Communications (CNSL) and MarkWest Energy Partners LP (MWE) are three stocks that each meet my prime directive for takeover plays: Never buy anything you wouldn't want to own if no deal occurs.

"Canada's tar sands are in fact the largest proven oil reserves outside of Saudi Arabia. Tar sands are already 65 percent of overall Alberta oil output and are expected to hit 88 percent by the end of the decade," says Roger Conrad.

The editor of the specialty newsletter, Canadian Edge, reviews a trio of oil sands producers -- Penn West Energy Trust (PWE), Suncor (SU) and Cenovus Energy (CVE) -- that he states "truly worth investing in."

The advisor continues, "Starting with the most conservative, Penn West Energy has inked a joint venture with giant sovereign wealth fund China Investment Corp (CIC) to deploy the latter's capital to develop its oil sands properties.

"On the operations front, it's all coming up roses for AT&T, Inc. (T) this year; as such, we have selected the stock as our latest 'Growth Spotlight'," says utility sector specialist Roger Conrad.

The editor of The Utility Forecaster explains, "The company reported a 24.4% boost in fourth-quarter 2009 earnings, with its extremely profitable alliance with Apple activating 3.1 million iPhones."

"It's time for income investors to come back to what's historically been a mainstay of diversified portfolios: big pharmaceutical companies. We're adding one of the sector's most durable members to the Income Portfolio, Bristol-Myers Squibb (BMY)," says Roger Conrad.

In Personal Finance newsletter, he explains, "The stock has been a lackluster performer since the 1990s, when it was last a Portfolio recommendation. The company's underlying business, however, has become ever-more valuable.

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.

Vita Nelson is well-known as a leading expert on dividend reinvestment plans. With the caveat that she always recommends portfolio diversification, the editor of The MoneyPaper looks to utility stock FPL (FPL) as a top selection for 2010.

Nelson explains, "We make a point of recommending that people don't pin their hopes on just one stock (which might underachieve in the short run).

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.

Roger Conrad, editor of The Canadian Edge, is a leading specialist in the niche investment area of high-income Canada-based trusts; for his top pick for 2010, he turns to ChemTrade Logistics (CGIFF), which trades both on the Toronto exchange and in the U.S. over-the-counter market.

Conrad explains, "ChemTrade Logistics is a major producer of specialty chemicals, particularly sulphuric acid. It's also a Canadian income trust yielding over 12% with most of its operations overseas. That adds up to a unique triple play for investors in 2010.

"By 2017, wireless service providers could generate more than $100 billion from services such as text messaging, GPS and movie, and music downloads " says Roger Conrad.

In Personal Finance, he adds, "Even this forecast could prove extremely conservative thanks to an explosion in sales of smartphones." How to play this trend? Here, he looks at Research in Motion (NASDAQ: RIMM).

"Smartphones account for only 11% of the world's mobile handsets; penetration remains under 20% in the U.S. This leaves plenty of room for further growth.

"No US utility owns more of them than Exelon Corp. (NYSE: EXC), with 17 reactors," explains Roger Conrad, who chose the stock as his latest "growth spotlight" in The Utility Forecaster.

"Carbon free and, above all, paid for, existing nuclear plants are among the most prized assets in the power business.

"Some 80% of company earnings come from its unregulated generation fleet, 90% of which is nuclear. And it's by far the best-positioned US utility to ramp up nuclear output.