The Panic-Proof Portfolio (Stockchase Research)

BWLP is the world's largest shipper of propane and other LPG, based out of Singapore.  Management reports charter rates are expected to be on the rise in the months ahead after facing challenges this summer.  It trades at 7x earnings, 1.3x book and supports a 33% ROE.  The company targets paying out a high percentage of free cash flow as a dividend.  We recommend setting a stop-loss at $13, looking to achieve $19 -- upside potential of 18%.  Yield 15%

IMMR creates touch screen communication technology.  They just completed a takeover of a Barnes & Noble Education -- you can imagine where they are going with this acquisition.  It trades at 7x earnings, 1.2x book and supports a 19% ROE.  We like that cash reserves are growing, while the company buys back shares.  We recommend setting a stop-loss at $6, looking to achieve $11 -- upside potential of 28%.  Yield 1.9% 

The airline announced a labour deal with pilots, which should allow them to focus back on meeting demand growth.  We like that cash reserves are growing, while debt is aggressively retired.  It trades at 6x earnings and supports a robust ROE.  We recommend setting a stop-loss at $15, looking to achieve $22 -- upside potential of 25%.  Yield 0%

Our PAST TOP PICK with PRL has achieved its target at $33.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $24) to $27.  

The airline holds 35% more international capacity than its nearest US competitor and just hit an all time single day volume day.  It trades at 7x earnings, under 2x book and supports a robust 32% ROE.  Cash reserves are growing while debt is aggressively retired.  We recommend setting a stop-loss at $41, looking to achieve $72 -- upside potential of 18%.  Yield 0%

The largest offshore oil and gas driller, operating 53 rigs worldwide.  They beat 2nd quarter guidance as drilling contracts have extended longer -- they now hold over $4 billion in contract backlogs.  We like that it trades at 5x earnings, under 2x book and supports a ROE of 59%.  We recommend setting a stop-loss at $40, looking to achieve $69 -- upside potential of 27%.  Yield 0%  

This pharma company produces clinical stage drugs that aid the delivery of other therapeutics and they have been advancing a portfolio of RNA based programs.  It trades at 6x trailing earnings, under 1.5x book and supports a 32% ROE and has growing cash reserves.  We recommend setting a stop-loss at $13, looking to achieve $21 -- upside potential of 27%.  Yield 0%

CNR controls 19,500 miles of rail in Canada and the US and is intricate to the economy.  EPS grew 5% over the year in a trying market, now analysts expect double-digit annual growth over the next 5 years.  It trades at 18x earnings and supports 27% ROE.  We like that cash reserves are growing, while debt is aggressively retired and shares bought back.  We recommend setting a stop-loss at $141, looking to achieve $181 -- upside potential of 17%.  Yield 2.0% 

The company is simply the most important chip manufacturer in the AI race.  Its newest chip in development is in huge demand.  You have to get by the expensive valuation -- 56x earnings and 50x book; however, it supports a ROE of 123%.  We like that cash reserves are growing sharply as the company aggressively buys back shares and retires debt.  We recommend setting a stop-loss at $95, looking to achieve $148 -- upside potential of 21%.  Yield 0.2% 

HBM focuses on copper, gold and zinc production with primary production in Peru and Canada.  It has benefited from both rising production and prices.  Management has used the growing free cash flow to de-lever its balance sheet, while growing cash reserves.  We recommend setting a stop-loss at $9, looking to achieve $16 -- upside potential of 28%.  Yield 0.1%

Our PAST TOP PICK with ATD has triggered its stop at $74.  To remain disciplined, we recommend covering the position at this time.  When combined with previous guidance, this will result in a net investment gain of 18%.  

We reiterate PET, Canada's largest pet food distributor with over 800 locations, as a TOP PICK.  The company announced completion of its BC distribution centre, the second largest in Canada (following its own in Ontario) and plans to grow in Calgary.  We like that cash reserves are growing, while debt is retired, while trading at 23x earnings.  We recommend trailing up the stop (from $21) to $23, looking to achieve $33 -- upside potential of 28%.  Yield 1.6%

We reiterate this tanker operator as a TOP PICK.  Management announced a higher 91% capacity utilization rate at charter costs 78% higher than a year ago.  We like that quarterly cash reserves are growing, while the company continues its share buyback program.  It trades at 3x earnings, under book value and supports a ROE of 38%.  We recommend trailing up the stop (from $4.25) to $4.75, looking to achieve $6.50 -- upside potential of 28%.  Yield 0%

We reiterate this developer of HD and Ultra HD broadcast and film industry production software and hardware based in Burlington as a TOP PICK.  It trades at 15x earnings and supports a 25% ROE.  Recently reported revenues were up over 20% from a year ago with higher margins.  We like that cash reserves are growing, while debt is retired and the high dividend yield is maintained.  We continue to recommend a stop at $10, looking to achieve $15 -- upside potential of 25%.  Yield 6.6%   

Our PAST TOP PICK with WLKP is stagnating.  To remain disciplined, we recommend trailing up the stop (from $18) to $21 at this time.