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.

"TV, cable and satellite systems all over the world are making huge investments to providing high definition programming," says Elisea Frishberg.

The contributing editor to The MoneyMan Report explains, "As a result, Harmonic (HLIT) could easily turn out to be one of the world's biggest winners for 2011; the company makes encoders, advanced fiber optic and digital delivery systems.

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 speculative pick for 2008 is Harmonic (NASDAQ: HLIT), a beneficiary of the 'video changes everything' theme," says Rusty Szurek with Next Inning.

"Harmonic is the only broad-line pure-play video infrastructure company of meaningful size left standing in the market today. Its three primary markets are cable, satellite and the budding world of telecom video or, as it's often called, IPTV.

"There is a war raging between these three competing methods for delivering TV programming. Fortunately for Harmonic, the bullets of differentiation these three industries are using in this war are derived from products Harmonic sells.

"Satellite operators are focused on leveraging HD programming through their inherent bandwidth advantage, but need to overcome weaknesses in downloaded video-on-demand. Cable companies are leveraging their inherent advantages to deliver rich video-on-demand experiences, but must quickly overcome bandwidth limitations to keep pace with satellite's rapid deployment of HD programming.