The Panic-Proof Portfolio (Stockchase Research)

We reiterate these preferred shares of Canadian Utilities as a TOP PICK.  We are fans of the perpetual dividend when interest rates are expected to be flat to lower.  We recommend trailing up the stop (from $18.00) to $19.50, looking to achieve $25.00.  Upside potential over 20%.  Yield 5.5%

We reiterate these preferred shares of SunLife financial as a TOP PICK.  We are fans of the perpetual dividend when interest rates are expected to be flat to lower.  We recommend trailing up the stop (from $18.00) to $20.50, looking to achieve $25.00.  Upside potential over 12%.  Yield 5.1%

We reiterate this low-MER ETF that holds Canadian investment grade preferred shares with a laddered maturity for rate resets, as a TOP PICK.  The underlying portfolio is a well diversified portfolio of utilities, banks, and energy companies.  As an added benefit, it is a Corporate Class ETF that does not pay any dividends or distributions, making it highly tax efficient for non-registered accounts -- when you sell you generate a capital gain.  We recommend maintaining the stop at $28.50, looking to achieve $38.00 -- upside potential over 17%.  Yield 0%

Our PAST TOP PICK with WDO has triggered its stop at $16.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 6%, when combined with our previous guidance.   

If you can wrap your head around buying at the time of a potential labour strike - we reiterate AC is a TOP PICK.  With strong demand for international and domestic travel, we don't expect this dispute to be long lasting.  It trades at 10x earnings, 3.3x book and supports a robust 99% ROE.  Cash reserves are growing, while the company has aggressively retired debt.  We continue to recommend a stop at $16, looking to achieve $26 -- upside potential over 30%.  Yield 0%

We reiterate AGIO as a TOP PICK.  The company continues development of rare disease treatments, including sickle cell with major products edging towards release this year.  It trades at 3x earnings, 1.6x book and supports a robust 64% ROE.  We recommend trailing up the stop (from $27) to $30, looking to achieve $48 -- upside potential of 29%.  Yield 0%

With aircraft load factors increasing over 87%, we reiterate CPA as a TOP PICK.   The Panama based airline announced a network expansion into San Diego, CA.  Cash reserves are growing, while shares are bought back.  It trades at 8x earnings, under 2x book and supports a healthy 26% ROE.  Its dividend is backed by a payout ratio under 50% of cash flow.  We recommend trailing up the stop (from $95) to $107, looking to achieve $154 -- upside potential of 31%.  Yield 5.5% 

Our PAST TOP PICK with DLO has achieved its target at $13.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $8.50) to $10.00.

Our PAST TOP PICK with UAL has achieved its target at $96.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $54) to $76.  

Our PAST TOP PICK with GRBK has achieved its target at $70.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $55) to $60.  

Our PAST TOP PICK with TLK has achieved its target at $20.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $15) to $17.  

Our PAST TOP PICK with LDOS is progressing well.  To remain disciplined, we recommend trailing up the stop (from $139) to $153 at this time.  

Our PAST TOP PICK with LDOS is progressing well.  To remain disciplined, we recommend trailing up the stop (from $139) to $153 at this time.  

Our PAST TOP PICK with GL is progressing well.  To remain disciplined, we recommend trailing up the stop (from $95) to $115 at this time.  

Our PAST TOP PICK with TOL is progressing well.  To remain disciplined, we recommend trailing up the stop (from $96) to $113 at this time.