The Panic-Proof Portfolio (Stockchase Research)

Despite concerns from the US Administration's new budget limiting healthcare funding, we reiterate ARDT as a TOP PICK.  Although the bill puts limitations on new funding options for hospital operators like ARDT, analysts cite existing agreements are grandfathered and they expect critics to continue to chip away at the restrictions.  It trades at 9x earnings, under 2x book, and supports a ROE of 24%.  Cash reserves are growing, while debt is repaid.  We continue to recommend a tight stop at $12.50, looking to achieve $18.00 -- upside potential of 28%.  Yield 0% 

We again reiterate TLK, Indonesia's largest telecom with over 160 million customers, as a TOP PICK.  We like that cash reserves continue to grow as debt is retired and shares are bought back.  It trades at 12x earnings, 1.9x book and supports a ROE of 16%.  The robust dividend is backed by a manageable payout ratio of 2/3 of cash flow.  We recommend maintaining a stop at $15, looking to achieve $20 -- upside potential of 15%.  Yield 6.8%

We reiterate UAL as a TOP PICK.  Earnings will be released around mid-month and the market has already factored in a 7% decline in EPS.  As customer air miles travelled is set to hit an all time high, we think this is a good time to add to our previous guidance.  It trades at 7x earnings, 2x book and supports a robust 33% ROE.  We recommend trailing up the stop (from $54) to $63, looking to achieve $99 -- upside potential of 23%.  Yield 0%

Our PAST TOP PICK with DFH has achieved its target at $27.  To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $12.50.  

Our PAST TOP PICK with RGS is stagnating.  To remain disciplined, we recommend trailing up the stop (from $17) to $19 at this time.

Our PAST TOP PICK with LDOS is stagnating.  To remain disciplined, we recommend trailing up the stop to $139 at this time.

Our PAST TOP PICK with LDOS is stagnating.  To remain disciplined, we recommend trailing up the stop to $139 at this time.

We reiterate HLPR, a low-MER (0.3%) ETF that holds Canadian investment grade preferred shares with a laddered maturity for rate resets, as a TOP PICK.  As a Corporate Class ETF, it does not pay any dividends or distributions, making it highly tax efficient for non-registered accounts -- when you sell you generate a capital gain.  The underlying portfolio is a well diversified portfolio of utilities, banks, and energy companies.  We recommend trailing up the stop (from $25.00) to $28.50, looking to achieve $37.00 -- upside potential over 17%.  Yield 0%

HCRE is a low-MER ETF holding REITs in an equal weighted well diversified portfolio.  It is highly tax efficient as it does not offer distributions, but instead swaps it back into the fund for additional upside and is taxed as a capital gain -- ideal for holding in non-registered accounts.  We recommend setting a stop-loss at $25.50, looking to achieve $33.00 -- upside potential over 17%.  Yield 0%

We reiterate ZRE, which holds Canadian REIT assets in an equally weighted well diversified portfolio, as a TOP PICK.  The average PE is 13x and it trades below book value.  REITs are a good way to diversify your portfolio.  We recommend trailing up the stop (from $18.50) to $20.50, looking to achieve $26.00 -- upside potential of 18%.  Yield 4.9%

As geopolitical uncertainty persists, along with US Administration trade issues, we again reiterate PHYS as a TOP PICK.  This trust holds physical gold bullion that is unencumbered, trades in Canadian dollars and avoids operational risk associated to owning a gold producer.  We continue to recommend maintaining a stop at $31, looking to achieve $41 -- upside of 17%.  Yield 0%

As geopolitical uncertainty persists, along with US Administration trade issues, we select MNT as a TOP PICK.  This trust holds physical gold bullion at the Royal Canadian Mint, that is unencumbered, trades in Canadian dollars and avoids operational risk associated to owning a gold producer.  We recommend setting a stop at $42, looking to achieve $57 -- upside potential of 17%.  Yield 0%

We again reiterate PSLV as a TOP PICK.  This trust holds physical silver that is unencumbered, trades in Canadian dollars and avoids operational risk associated to owning a metals producer.  When the global economy resets back to typical growth, this should strengthen relative to gold .  We recommend trailing the stop up (from $13.00) to $14.50, looking to achieve $20.00 -- upside potential of 18%.  Yield 0%

As analysts praise the super-regional insurance provider going for risk mitigation versus policy growth, we reiterate HRTG as a TOP PICK.   The decision to exit high risk markets is aiding the bottom line allowing cash reserves to grow while debt is retired.  It trades at 9x earnings, 2.1x book and supports a ROE of 27%.  We recommend trailing up the stop (from $15.50) to $17.00, looking to achieve $29.00 -- upside potential of 28%.  Yield 0% 

We reiterate AGIO as a TOP PICK.  The pharma company continues moving forward on medications in the treatment of sickle cell disease and is a a lead candidate for FDA approvals.  It trades at 3x earnings, 1.4x book and supports a 60% ROE.  We recommend trailing up the stop (from $24) to $27, looking to achieve $46 -- 28% upside potential.  Yield 0%