Keep in mind power conditioning and power stabilization are different animals. Conditioners are used to separate devices sharing the same circuit into a portion of the conditioner that deals with say digital devices and the potion dealing with analog.
No 'power conditioner' is an undefined term. It could mean almost any combination of the following.
a) Noise filter - a low-pass EMI/RFI filter.
b) Surge protector - although it's better to have surge protection at the home's service entrance.
c) UPS - note that many UPS's are not really UPS's!
d) Line voltage adjuster.
e) Balanced power transformer.
f) Isolated power transformer.
g) DC blockers.
h) Regenerators (PSAudio)
i) Power Factor Correction
j) I forget? But I think that there are more.