The Panic-Proof Portfolio (Stockchase Research)

We reiterate this disruptive source in the telecommunications space in Canada as a TOP PICK.  Management announced it has met all the commitments required to complete the acquisition of Freedom Mobile, which will position it well for expanding 5G in eastern Canada.  We like that cash reserves are growing, while debt is retired.  It trades at 10x earnings and supports a 39% ROE.  Its dividend is backed by a payout ratio under 50% of cash flow.  We recommend maintaining the stop at $25, looking to achieve $37 -- upside potential of 25%.  Yield 4.2%

BBU operates as a private equity company seeking assets that generate steady operating returns.  Since 2016, annual earnings growth has averaged over 35%.  It trades under book value and supports a 20% ROE.  We like that cash reserves are growing, while debt is aggressively retired.  We recommend setting a stop at $17, looking to achieve $26 -- upside potential of 26%.  Yield 1.2%

The Canadian based athletic clothing manufacturer is stretching its markets internationally, where sales are up over 35% this year.  Analysts like that it is trading at 22x earnings -- a 40% discount to its 10 year average valuation.  We like that cash reserves are growing, whiles shares are bought back, which supports a 40% ROE.  We recommend setting a stop-loss at $200, looking to achieve $324 -- upside potential of 28%.  Yield 0%

Our PAST TOP PICK with PDD is progressing well.  To remain disciplined, we recommend trailing up the stop (from $118) to $125 at this time.  

Our PAST TOP PICK with LW has triggered its stop at $76.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous recommendations, this will result in a net investment loss of 8%.

Our PAST TOP PICK with PXT has triggered its stop at $24.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous recommendations, this will result in a net investment loss of 15%.

Our PAST TOP PICK with PYPL has triggered its stop at $58.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous recommendations, this will result in a net investment loss of 2%.

We again reiterate GPOR, a low cost producer in the Utica and Marcellus region, as a TOP PICK.  Market analysts appreciate the 55% ROE and the net income growth of over 50% over the past five years.  It trades at 10x earnings and 1.3x book value.  We like that cash reserves are growing, while debt is aggressively retired and shares bought back.  We recommend trailing up the stop (from $137) to $147, looking to achieve $196 -- upside potential of 22%.  Yield 0%

With analysts expecting a 23% increase in EPS and revenues up 38% when earnings get reported this week, we reiterate RNR as a TOP PICK.   The reinsurance specialist trades at 7x earnings, 1.3x book value and supports a 24% ROE.  We continue to recommend a stop at $208, looking to achieve $268 -- upside potential of 18%.  Yield 0.6% 

We reiterate the Greece based container carrier owner and operator as a TOP PICK.  New energy efficient vessels are receiving premium charter rates, while older vessels are being sold at sizable profits.   We like that cash reserves are growing while shares are bought back and debt is retired.  It trades at 3x earnings, under book value and supports a 44% ROE.  The robust dividend yield is backed by a payout ratio under 15% of cash flow.  We continue to recommend a stop at $31, looking to achieve $55 -- upside potential over 40%.  Yield 6.2% 

Our PAST TOP PICK with BIPC has achieved its target at $54.  To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $44.  

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

We reiterate FTT, the largest dealer of Caterpillar heavy equipment in the world, as a TOP PICK.  They announced $700 million of new orders in April, with orders from Chile, Canada, the UK and Ireland.   It trades at 12x earnings, under 2.5x book and supports a 20% ROE.  We like that cash reserves are growing, while debt is retired and shares bought back.  The dividend is backed by a payout ratio under 30% of cash flow.   We continue to recommend a stop at $34, looking to achieve $48 -- upside potential of 20%.  Yield 2.4%   

We reiterate PYPL, who serves 35 million online merchants, as a TOP PICK.  Operating income grew 15% over the quarter supported by widening margins.  We like that cash reserves are growing, while shares are aggressively bought back and debt is reduced.  It trades at 15x earnings, 3x book and supports a 21% ROE.  We continue to recommend a stop at $58, looking to achieve $76 -- upside potential of 24%.  Yield 0%

We reiterate this Canadian based developer of renewable energy as a TOP PICK.  They recently announced the startup of a 200MW wind project in Oklahoma that is fully contracted - their 30th successful wind project.  Shares trade at 12x earnings and support a robust 33% ROE.  Quarterly cash reserves are growing again, while debt is retired and shares bought back.  We continue to recommend a stop at $8.50, looking to achieve $13.00 -- upside potential of 26%.  Yield 2.2%