For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the main financial newsletter advisors asking for their favorite stocks for the coming year. that commentary is one of 100+ ideas in the Best Stocks for 2008 report.

“My favorite speculative stock for 2008 is Toronto-based Biovail (NYSE: BVF),” says Nilus Mattive, editor of Dividend Superstars.

“The company makes branded and generic drugs that are delivered orally. It used to concentrate on research & development for other companies, but lately it’s become more of a fully integrated pharmaceutical concern.

“Some of its products are marketed and sold

by other companies — a good example is its pain medication Ultram ER, which is marketed by Johnson & Johnson.

“Investors have punished Biovail considering of development setbacks in BVF-033, one of the company’s most promising compounds. The FDA issued a non-approval letter, and more recently said it would not be examining newly submitted details until April. Biovail is plus dealing with intensifying generic competition in other product lines.

Continue reading Best Stocks for 2008: Biovail (BVF) for capital gains and yield

Original post by Steven Halpern

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