Market Wrap

Market Wrap - Stock Pick — Growthpoint

Waldo du Plessis from Nitrogen Fund Managers chose Growthpoint as his stock pick of the day. "Growthpoint is my stock pick, I think Growthpoint and Emira are almost are yielding the same price. Now keep in mind that Growthpoint is a Top40 stock, it's very liquid and it's run by…

19 Feb 2020 1AM 1 min

Market Wrap - Stock picks — Amplats and Sibanye Gold

Sam Mokorosi from Vunani Capital chose Amplats and Sibanye Gold as his stock picks of the day "We still like the platinum space, we like what Anglo Platinum is doing, they came out with good numbers and there are some concerns over their leadership change so we will have to…

18 Feb 2020 1AM 1 min

Market Wrap - Stock pick — Spar

Imtiaz Suliman from Sentio Capital chose Spar as his stock pick of the day. "Spar's trading update was a bit weak and I think it's a good entry point into a solid business. They have a very good franchise model in South Africa which really they are the distributor and…

17 Feb 2020 1AM 1 min

Market Wrap - Stock pick — luxury goods

Robert Towell from Sasfin Securities chose the luxury goods sector as his stock pick of the day. "Still going offshore, we think that the coronavirus will give you opportunity into some of the luxury stocks that have really run very harder in the last year-and-a-half. We see a luxury purchase…

13 Feb 2020 1AM 3 min

Market Wrap - Stock pick — Fairvest Property

Nesi Chetty from Stanlib chose Fairvest Property as his stock pick of the day. "You've seen quite a bit of activity in the property space, Investec did manage to get a 875 million capital raise away, that was quite good for the sector and they are looking to recycle properties…

12 Feb 2020 1AM 1 min

Market Wrap - Stock pick — Government bonds

Kwame Antwi from KOA Capital chose Government bonds as his stock pick of the day. "We've been discussing this for the last couple of weeks and every time I come here I am fairly conservative. I prefer bonds, if you look at the 10 year government bonds you are getting…

11 Feb 2020 1AM 1 min

Market Wrap - Stock pick — FTSE auto-call

Viv Govender from Rand Swiss Offshore chose FTSE autocall as his stock pick of the day. "I'm being a bit more cautious and choosing a structured product. It's the FTSE auto-call, basically what it does is it gives you some protection the downside and gives you a 9.5% return positively…

10 Feb 2020 1AM 1 min

Market Wrap - Stock pick — BAT

Nancy Bambo from Momentum Securities chose British American Tobacco as her stock pick of the day. "My stock at the moment is British American Tobacco, we still see some potential upside in the company. They still have strong margins it has deleveraged over the past two years which is part…

7 Feb 2020 1AM 1 min

Market Wrap - Stock Pick — Alphabet

Graeme Franck, PSG Wealth Sandton Grayston chose Alphabet Inc as his stock pick of the day. "I'm going to go offshore, I'm going for Alphabet, all the tech companies that have reported have done incredibly well Alphabet/Google trades on their PE of 22 times and here's a snippet of information;…

6 Feb 2020 1AM 1 min

Market Wrap - Stock pick — 3i Group Plc

Devin Shutte from The Robert Group chose 3i Group Plc

5 Feb 2020 1AM 1 min

Market Wrap - Stock picks — Standard Bank

Caroline Cremen from Adviceworx chose Standard Bank Group as her stock pick of the day. "I'm going to contradict myself because I have said that South African equities is not a great place to be but, when looking at a company like Standard Bank, it's such a quality company, it…

3 Feb 2020 10PM 1 min

Market Wrap - Stock pick — Intel Corp

Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose Intel Corp as his stock pick of the day. "Im going for Intel. Everyone has a computer or had one in their life that said Intel Inside, but I think the way the world is moving in terms of technology, data,…

3 Feb 2020 1AM 1 min

Market Wrap - Stock pick — Apple

Nesan Nair from Sasfin Securities chose Apple as his stock pick of the day. "Stock pick is still a US stock, I still like the tech stuff, so I thought apples numbers were unbelievable, they have a very good upside surprise and there as well as Microsoft, but I'm going…

30 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Sibanye Gold

Nolwandle Mthombeni from Mergence Investment Managers chose Sibanye Gold Limited as his stock pick of the day. "With the uncertainty I'd rather just stick with Sibanya. I know there's been a lot of running in terms of the PGMs but this corona virus introduced a new uncertainty in the market…

29 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Life Healthcare

Imtiaz Suliman from Sentio Capital chose Life Healthcare as his stock pick of the day. "I'm going with Life Healthcare, I think they've got a very strong model and they've moved into imaging which is the PET scans, bringing the expertise from their alliance medical operation from the UK and…

28 Jan 2020 1AM 1 min

Market Wrap - Stock pick — Naspers

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day. "Today I'm going for Naspers, just last week they announced that they're selling a portion or 22 million Prosus shares, and that was at €67,50 on Monday the price is at €65. It raised…

27 Jan 2020 1AM 1 min

Market Wrap - Stock pick — Alibaba

Martin Smith from Anchor Capital chose Alibaba as his stock pick of the day. “My stock pick and what I've done over the course of the last couple months is got offshore. I think with the rand being a bit stronger, given the carry trade that's happened I think I…

24 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — US Tech Stocks

Robert Towell from Sasfin Securities chose US Tech Stocks as his stock pick of the day. "I think it is very difficult in South Africa to find a stock pick right now, especially with the budget coming and the possible downgrade. So we're still looking offshore at the moment, we…

22 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — FirstRand

Steven Schultz from Momentum chose Firstrand as his stock pick of the day. "Stock pick this evening is FirstRand, I suppose its operating in a very challenging environment but, they have a pretty strong balance sheet at present. It's trading at the bottom of its two-year trading range, the thesis…

21 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — FTSE Protocol

Viv Govender from Rand Swiss Offshore chose US Dollar FTSE Protocol as his stock pick of the day. "It's a structure product and is based on the US FTSE 100. It's an auto-call and that if the FTSE is flat or positive in year two and every year there after…

20 Jan 2020 1AM 1 min