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 scoop is one of 100+ ideas in the Best Stocks for 2008 report.

“My favorite conservative stock for 2008 is Brookfield Asset Management (NYSE: BAM),” says Peter Slatin, editor of the Forbes/Slatin Real Estate Report.

“Here’s a company that has it all: energy, timber and, mostly through its 50% ownership of Brookfield Properties (NYSE: BPO), top-quality commercial real estate in highly desirable markets such as London and New York.

“It additionally holds assets in emerging markets like

Brazil, where it just acquired a major retail portfolio; and regular, well-performing Canada, including Calgary.

“Along with its office buildings in that energy and mineral boom town, BAM, which is traded on the New York and Toronto exchanges, additionally has a hefty stake in the region’s huge oil sands.

“The company, with a market cap of more than $22 billion, is currently trading toward the higher end of its 52-week range, and its extremely professional management and well-balanced exposure to some key markets and industries will continue to manufacture it a rock-steady performer in a very shaky world.”

Original post by Steven Halpern

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