The Panic-Proof Portfolio (Stockchase Research)OneMain Holdings, Inc.OMFPAST TOP PICKJun 29, 2021

(A Top Pick Sep 01/20, Up 88.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with OMF has triggered its stop at $55. We recommend covering the balance of the position at this time. When combined with the previous recommendation to cover half the position, this results in a net investment gain over 64%. We will continue to monitor this for another potential entry.

(A Top Pick Sep 01/20, Up 86.4%)Stockchase Research Editor: Michael O'Reilly We are recommending trailing up the stop to $47. This would all but guarantee a minimum investment return of 50%, including the previous recommendation to cover 50%.

(A Top Pick Sep 01/20, Up 40.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK has achieved its 40% upside objective. We are being disciplined and are recommending that 50% of the position be covered. We are also recommending the stop be trailed up to $34.00, which should all but guarantee a minimum return of 28%.

(A Top Pick Sep 01/20, Up 30.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK has advanced well. We are recommending to move the stop-loss to $29.50 -- just above our initial recommended buy price.

OMF is involved in consumer credit and provides involuntary unemployment insurance as well as auto membership plans in 44 US states. It beat last earnings estimates by $0.58 per share when it reported $0.80. Currently there are 15 buy ratings and EPS are expected to grow by 50% next year. With a PE of only 6.3, it is cheap compared to industry peers averaging 19. It is only trading at 92% of book value. It pays a good dividend that is backed by a low payout ratio of less than 20% of cash flow. We would buy this with a $21 stop-loss and see potentially over 40% upside. Yield 4.6% (Analysts’ price target is $41.20)