Market Wrap

Market Wrap - Stock pick — Reinet

Waldo du Plessis from Nitrogen Fund Managers chose Reinet as his stock pick of the day. "My stock pick tonight is Reinet, it is a holding company and has two massive assets being British American Tobacco and then Pension Corp in the UK. Reinet a rand hedge and the rand…

2 Nov 2020 1AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose Cash as his stock pick of the day. "I'm sticking with cash with the election in the US happening next week. According to a report by FiveThirtyEight there is a 5% chance of a vote recount which I think will be very negative…

29 Oct 2020 2AM 1 min

Market Wrap - Stock pick — cash

Nick Kunze from Sanlam Private Wealth chose cash as his stock pick of the day. "We've got the volatility in America the VIX (Volatility Index) is up almost 18% on the day to almost 40 % ​and we are less than a week to elections. We have Germany shutting down…

28 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Netflix

Imtiaz Suliman from Sentio Capital chose Netflix as his stock pick of the day. I'm going for Netflix, they reported their numbers in the US last week and it was slightly short of market expectations but if they had to report two days earlier it would have met market expectations…

27 Oct 2020 2AM 5 min

Market Wrap - Stock pick — Exxaro

Steven Schultz from Momentum chose Exxaro as his stock pick of the day. "My stock pick this evening is Exxaro and it's for viewers with a little bit more tolerance for potential short-term weakness and at the very least volatility. It's been a beneficiary of elevated iron-ore prices of late…

26 Oct 2020 2AM 1 min

Market Wrap - Stock pick — BHP

Andile Buthelezi from Sentio Capital chose BHP as his stock pick of the day. "I'm going for BHP, one of the larger diversified miners out there. They mainly have exposure to iron-ore, copper, coal as well as petroleum. Their iron-ore business benefitted from higher iron-ore prices this year. Overall it's…

22 Oct 2020 2AM 1 min

Market Wrap - Stock pick — cash

Market commentator Nolwandle Mthombeni chose cash as her stock pick of the day. "I am sitting on cash at the moment, because I think there will be some more opportunities especially with the stimulus payments coming through and the election should bring some volatility as well, and it'll be perfe​ct…

21 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Fairvest Properties

Makwe Masilela from Makwe Fund Managers chose Fairvest Properties as his stock pick of the day. "I'm going with Fairvest in the property sector, if you look at t​he retail index it is down over 51% whereas is down only 5%. And more importantly their dividend yield is over 11%…

20 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Roche

Graeme Franck from PSG Wealth Sandton Grayston chose Roche as his stock pick of the day. "Today I'm going to go for Roche. They are in the race for a vaccine but more importantly they are also the biggest cancer pharmaceutical company in the world and unfortunately more and more…

19 Oct 2020 2AM 1 min

Market Wrap - Stock picks — LVMH and Equites

David Shapiro from Sasfin Securities chose LVMH as his stock pick of the day and Makwe Masilela from Makwe Fund Managers chose Equites Property Fund. Shapiro said: "I'm LVMH I mean revenge spending, whatever it is... China and Asia is coming back and they're certainly getting out of this lockdown…

16 Oct 2020 2AM 2 min

Market Wrap - Stock pick — Medtronic

Rob Towell from Sasfin Securities chose Medtronic as his stock pick of the day. "We're looking at Medtronic, they do hip replacements, knee joints, pace makers and they are also moving into robotic surgery which helps surgeons to take a look at the procedures straight after the operation to see…

15 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Reinet

Waldo du Plessis from Nitrogen Fund Managers chose Reinet as his stock pick of the day. I've gone with Reinet which is a traditional holding company. They've have a big investment in British American Tobacco and then a UK insurer called Pension Corporation. The reason I'm going for Reinet is…

14 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Adcock

Steven Schultz from Momentum chose Adcock Ingram as his stock pick of the day. "My stock is Adcock Ingram, well known for Panado, it currently has about 65% of its revenue from prescriptions and over-the-counter meds and around 25% from hospital drug usage. It's significantly de-rated this year and went…

13 Oct 2020 2AM 1 min

Market Wrap - Stock pick — US Dollar

Caroline Cremen from Adviceworx chose cash as her stock pick of the day. I'm long the US dollar, the US election is going to be in the first week of November and it might even be a disputed election, if there is volatility around the election or after the election,…

12 Oct 2020 2AM 1 min

Market Wrap - Stock picks — cash and global markets

Martin Smith from Anchor Capital chose cash as his stock pick of the day and David Shapiro from Sasfin Securities chose to back global markets recovery. Smith said: "I'm happy to be sitting on a bit of cash. I think volatility is going to continue to be high over the…

9 Oct 2020 2AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day. "I'm keeping with cash, I've been with cash for about a month now and will continue to do so until the elections and the resolution to that so that we can know what the future…

8 Oct 2020 2AM 1 min

Market Wrap - Stock pick - Fairvest Property

Nesi Chetty from Stanlib chose Fairvest Property as his stock pick of the day

7 Oct 2020 2AM 1 min

Market Wrap - Stock pick — AVI

Kwame Antwi from KOA Capital chose AVI as his stock pick of the day. "I'm fairly conservative and one of the companies that I've spoken about before, that seems to be doing very well is AVI. It is a well-managed business, even during the difficult times they've shown the ability…

6 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Netflix

Imtiaz Suliman from Sentio Capital chose Netflix as his stock pick of the day. "I'm going for Netflix, it's a company that was largely born out of the US. Their growth now is in the rest of the world, whereby they have more users outside of the US than in…

5 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Amazon

Sasfin Securities' Robert Towell chose Amazon as his stock pick of the day. "We still like us-tech and I think that you can still buy Amazon and Alibaba, so those are the two stocks that we'll look at."

1 Oct 2020 2AM 1 min