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

“My more conservative view for 2008 is Wachovia (NYSE: WB),” says Karim Rahemtulla, investment director for Xcelerated Profits Report.

“While many investors are running in fear of the current climate, it actually offers smart investors a great chance to accelerate their profits. There is nothing like a hearty dose of fear to trigger a bout of bargain-hunting! And whether you know where to look, there are plenty of

“You can even construct money against all the odds and despite what Wall Street and the media want you to believe. History has proved that. While the masses ran for cover, smart investors stepped in and made serious money.

“And one of the best areas to do that is the financial sector. It’s top of the bearish hit list right now, but it’s actually packed with profit potential by the next 12 months. Top of our list is Wachovia.

Continue reading Best Stocks for 2008: Out-of-favor bargain at Wachovia (WB)

Original post by Steven Halpern

loans mortgage credit debt consolidation auto insurance real estate mortgages credit repair finance foreclosure