The Panic-Proof Portfolio (Stockchase Research)

We reiterate EME, a leader in data centre and other industrial development projects as a TOP PICK.  We like that cash reserves are growing, while shares are aggressively bought back and debt is retired.  It trades at 26x earnings and supports a robust 40% ROE.  We recommend trailing up the stop (from $670) to $695, looking to achieve $980 -- upside potential of 18%.  Yield 0.18%

We reiterate CSCO as a TOP PICK.  The company took $9.3 billion in order from AI infrastructure hyper-scalers in 2026 and management guides $72 billion in total sales next year.  It trades at 35x earnings and supports a 27% ROE.  Quarterly cash reserves are steady as the company aggressively buys back shares and retires debt.  We continue to recommend a stop at $107, looking to achieve $138 -- upside potential of 18%.  Yield 1.4%

We reiterate AEM as a TOP PICK.  Second quarter all-in production cost was $1439 USD/oz versus market price of $4480 USD/oz.  What more is there to say?  It trades at 16x earnings, 3x book and supports a 22% ROE.  Cash reserves are growing like crazy, while debt is aggressively retired and shares bought back.   We recommend maintaining the stop at $220, looking to achieve $313 -- upside potential of 18%.  Yield 0.96%

We again reiterate this iShares ETF focused on global equities (60% North American) as a TOP PICK.  It targets companies that demonstrate lower volatility over time along with growth potential.  We recommend trailing up the stop (from $55) to $60, looking to achieve $73 - upside potential over 18%.  Yield 1.4% 

We again reiterate this low-MER ETF holding the lowest volatility US companies as a TOP PICK.  Core companies with good cash flow are coming back into favour.  We recommend trailing up the stop (from $83) to $91, looking to achieve $106 -- upside potential of 16%.  Yield 1.1%

We reiterate XLK as a TOP PICK.  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 trailing up the stop (from $150) to $165, looking to achieve $232 - 18% potential upside.  Yield 0.4%  

Our PAST TOP PICK with ZLU.U has triggered its stop at $45.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 1%, when combined with our previous guidance.  

Our PAST TOP PICK with SLF.PR.D has triggered its stop at $20.50.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 4%, when combined with our previous guidance.  

Our PAST TOP PICK with CDZ has triggered its stop at $45.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 4%, when combined with our previous guidance.  

Our PAST TOP PICK with ARGT has triggered its stop at $89.  To remain disciplined, we recommend covering the position at this time.  

Our PAST TOP PICK with TGS has triggered its stop at $27.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 13%, when combined with our previous guidance.  

Our PAST TOP PICK with RY has triggered its stop at $276.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment gain of 5%, when combined with our previous guidance.  

Our PAST TOP PICK with PSLV is struggling.  To remain disciplined, we recommend trailing up the stop (from $22.00) to $25.50 at this time.  

We reiterate this pharma company as a TOP PICK.  It trades at 20x earnings, 12x if you include analyst EPS growth projections of 40% next year, and supports a 32% ROE.  We like that cash reserves are growing, while debt is aggressively retired and shares bought back.  We continue to recommend a stop at $33, looking to achieve $47 -- upside potential of 18%.  Yield 0%

We reiterate this HVAC and industrial systems developer again as a TOP PICK.  We like that quarterly cash reserves are growing again as debt is retired and shares bought back.  It trades at a slightly pricey 30x earnings and it support a 22% ROE.  We recommend trailing up the stop (from $122) to $134, looking to achieve $164 -- upside potential of 18%.  Yield 1%