The Panic-Proof Portfolio (Stockchase Research)

We again reiterate MCY, with 6300 agents in 11 states providing personal and commercial insurance, as a TOP PICK.  Recently they announced they are working along with local agencies to develop fire hazard mitigation using AI in the markets they serve -- getting ahead of the hazards to reduce risk.  It trades at 10x earnings, 2.3x book and supports a robust 38% ROE.  We recommend trailing up the stop (from $98) to $100, looking to achieve $125 -- upside potential of 16%.  Yield 1.1%

We again reiterate KINS, the 11th largest property insurance provider in NY, as a TOP PICK.  They just secured a $500 million reinsurance loss limit for the upcoming fiscal year -- a 14% increase, which now includes wildfire coverage.  It trades at 9x earnings, 2.5x book, and supports a robust 31% ROE.  We recommend trailing up the stop (from $16.00) to $17.00 looking to achieve $23.50 -- upside potential of 16%.  Yield 1.0%

We again reiterate BLX, who has been providing access to financing foreign trade in Latin American for over 40 years, as a TOP PICK.  Last month, S&P upgraded their long term debt commenting on consistency of earnings, diversification and low credit losses thru challenging economic times.  It trades at 10x earnings, 1.5x book, and supports a ROE of 15%.  We continue to recommend a stop at $53, looking to achieve $70 -- upside potential of 16%.  Yield 4.3%  

Our PAST TOP PICK with HUZ has triggered its stop at $24.  To remain disciplined, we recommend covering the position at this time.  

Our PAST TOP PICK with MAL is progressing well.  To remain disciplined, we recommend trailing up the stop (from $26) to $29 at this time.  

Our PAST TOP PICK with NRIM is progressing well.  To remain disciplined, we recommend trailing up the stop (from $22) to $25 at this time.  

Energy has been the top performing sector globally and IXC is the best of the global energy ETFs.  With 68 unique holdings it provides global diversification, primarily with Exxon being its largest holding along with Chevron, Shell and Total as well.  It is clear global energy distribution will continue to be constrained.  Inflows into the fund have again risen sharply.  We recommend setting a stop-loss at $43, looking to achieve $62 -- upside potential of 18%.  Yield 2.9% 

Technology will drive the global economy and this is a very low-MER (0.08%) way to hold the 77 biggest names.  NVIDIA and Apple account for 25% of the ETF.  We recommend setting a stop-loss at $150, looking to achieve $218 - 18% potential upside.  Yield 0.4%  

US Industrials have performed steadily this year and XLI is the largest ETF in the space -- with two-thirds of the holdings roughly split between manufacturing and aerospace companies.  It has a very low MER of 0.08%.  We recommend setting a stop-loss at $156, looking to achieve $213 -- upside potential of 18%.  Yield 1.1%

We again reiterate this stalwart Canadian institution as a TOP PICK.  Recently reported earnings showed a 28% increase in net income (led by a 55% increase in US based business) along with a profit margin of 27%.  We like that cash reserves are growing, while debt is retired and shares bought back.  It trades at 16x earnings, 2.5x book and supports a 16% ROE.  We recommend trailing up the stop (from $140) to $152, looking for $190 -- upside potential of 16%.  Yield 2.5%

We again reiterate RY as a TOP PICK.  As Canada was announced as a founding member of the NATO financial consortium, Canadian banks are well positioned to expand its financing network.  It trades at 19x earnings, 3.1x book and supports a 17% ROE.  We continue to recommend a stop at $276, looking to achieve $343 -- upside potential of 16%.  Yield 2.4%

We again reiterate GL as a TOP PICK.  The insurance provider recently reported book value per share has increased 20% annually over the past two years.  It trades at 12x earnings, 2.3x book and supports a 20% ROE.  Quarterly cash reserves are growing while shares are aggressively bought back, albeit using slightly more debt.  We continue to recommend a stop at $165, looking to achieve $208 -- upside potential of 16%.  Yield 0.6%

We again reiterate ZGI as a TOP PICK.  Focused on North American exchange traded holdings in infrastructure, this space has room to benefit from recent pipeline related projects backed by provincial and federal interests going forward.  We continue to recommend a stop at $58, looking to achieve $71 -- upside potential of 17%.  Yield 2.2%

We reiterate this ETF holding a basket of Canadian REITs as a TOP PICK.  The fund has performed well following the tariff uncertainty and appears well positioned to grow along with Canada's economy.  We continue to recommend a stop at $17.50, looking to achieve $22.00 -- upside potential of 16%.  Yield 4.7%

We again reiterate PRM, holder of a basket of top pharma companies with enhanced distributions as a TOP PICK.  Recently announced distributions provide a strong yield and the pharma sector as a whole is performing consistently.  We continue to recommend a stop at $13, looking to achieve $17 -- upside potential of 17%.  Yield 8.6%