Today, The Panic-Proof Portfolio (Stockchase Research) and Keith Richards commented about whether MSFT, SES.TO, CHE.UN.TO, IBM, STN.TO, NPI.TO, FFH.TO, WN.TO, MOS, PEY.TO, HBM.TO, MDA.TO, EFR.TO, T.TO, MX.TO, NFLX, CCO.TO, CSU.TO, PPL.TO, TOU.TO, XLI, XLK, IXC are stocks to buy or sell.
There's been a lack of market breadth. Until the last quarter of 2025, it's been all tech. But now tech has been weaker than other sectors. Eventually, the semis will be weak. Nearly every other sector has gained strength, which makes him bullish. This rotation is healthy. In the past month or so, tech has been underperforming other sectors. Value is returning to the market and diversification has returned. The market is healthier than 6 months ago.
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%