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

“My favorite aggressive speculation for 2008 is Enerplus Resources (NYSE: ERF),” says Roger Conrad, editor of Canadian Edge.

“Over the past 18 months, Canadian oil and gas producer trust has endured a trial by fire. First natural gas prices started tumbling.

“Then the Conservative party government announced it would start taxing trusts as corporations starting in 2011,

and restricted the number of shares trust can issue. Finally, that fall investors have bailed out of everything remotely economically sensitive.

“Through it all, however, the Enerplus has remained rock-solid as a commerce. For starters, the yield of nearly 13% — paid monthly — is backed by a modest 70% payout ratio. And that ratio was achieved by selling oil in the third quarter at less than $70 a barrel.

Continue reading Best Stocks for 2008: Enerplus Resources (ERF) offers ‘trusted’

Original post by Steven Halpern

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