Neustar Inc. (NSR)

Gets paid whenever anyone wants to move a phone number from one carrier to another. It is a monopoly and has a contract until 2015. Expanding globally. Has not been affected by the economy. Enormous free cash flow and no debt. Other business is SMS on cell phones. Transitioning into instant messaging, which has been slow to take off.

(Past Top Pick July 17/07. Up 6.2%.) Basically control every telephone # in North America. When switching a telephone number to a different carrier, you go through them. Recently got contracts in Brazil and Taiwan. A monopoly. Fabulous franchise.

When you change phones and want to keep the same number, this is the company that controls it. North American coverage. A monopoly with a contract going out to 2015. Have just been hired by Taiwan. Possibility of Europe as well. Great profit margins.