Market Wrap

Market Wrap - Stock Pick — Netcare

Nick Kunze from Sanlam Private Wealth chose Netcare as his stock pick of the day. "We've been looking at a couple of local stocks, in the last couple of years it has worked to be offshore. We're a little bit more optimistic and looking at SA stock to focus on…

15 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — cash

Caroline Cremen from Adviceworx chose cash as her stock pick of the day “I'm relatively insecure about South Africa at this point and I also see that oversees things are probably a little bit overbought. So, my stock pick is going to be cash, but US dollar cash if you…

14 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Ulta Beauty

Imtiaz Suliman from Sentio Capital chose Ulta Beauty Inc as his stock pick of the day. "I'm going with Ulta Beauty Inc. It's a US listed retail company. They are sort of a mix between a Sorbet and a Dischem in whereby they do facials for men and they've got…

13 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Anglo American

Sam Mokorosi from Vunani Capital chose Anglo American as his stock pick of the day. "In the last year we were very positive on precious metals. Gold for the geopolitical kind of angst that we're seeing and that continues. Platinum because of the use in cars and more on the…

10 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Richemont

Imtiaz Suliman from Sentio Capital chose Richemont as his stock pick of the day. "I'm going with Richemont, we've seen that Richemont has come back following the latest result in November. But I think on the back of strong global markets going forward, the sort of dampening down of the…

12 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Nepi Rockcastle

Grant Gilburt from Nedbank Private Wealth chose Nepi Rockcastle as his stock pick of the day. "So given the elevated international equity markets, my concerns are on the local economy and I'm going for Nepi Rockcastle. A retail REIT, focused predominantly Romania and Poland. It's giving you a 7.5% in…

10 Dec 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Old Mutual

Steven Schultz from Momentum chose Standard Bank and Old Mutual as his stock picks for the day. "My stock pick this evening, if you can ignore your generator for a moment and take a bit of a positive view on South Africa and the two stock picks are Standard Bank…

9 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — TFG

Andile Buthelezi from Sentio Capital chose The Foschini Group as his stock pick of the day. "I'm going with TFG today, look the South African macro environment is tough and it is probably not going to improve anytime soon going into 2020. TFG is probably being painted with the same…

5 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Offshore

Viv Govender from Rand Swiss Offshore suggests that one should use their offshore allowance before the year ends. "I remain adamant that you need to use your offshore allowance before the 31st of December. We're going to have a very turbulent 2020 and if you basically stuck with the allowance…

4 Dec 2019 1AM 1 min

Market Wrap - Stock Picks — Amazon and Alphabet

Robert Towell from Sasfin Securities chose Amazon and Alphabet Inc as his stock picks of the day. "I think the markets are quite turbulent at the moment and I think you're starting to see a very big sell-off in and on the tech side and I'll take a look at…

3 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Prosus

Graeme Franck from PSG Wealth Sandton Grayston chose Prosus as his stock pick of the day. "I'm going to go for Prosus, remember they listed just a couple of months ago and the listing price was a capital gains tax event so they had to crystallize a price and that…

2 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — AB InBev

Independent Analyst, Liston Meintjes chose AB InBev as his stock pick of the day. "I'm staying with AB InBev, and one of the reasons is that they haven't been performing well for quite some time, but you know I do believe people drink beer and I do think that they…

29 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — BidCorp

Kwame Antwi from KOA Capital chose Bid Corp as his stock pick of the day. "In the current environment I'm fairly bearish on the currency, I'm fairly bearish on SA economy. I think we have a lot of headwinds despite the optimism and some of the things that we and…

28 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — BAT

Nesan Nair from Sasfin Securities chose British American Tobacco as his stock pick of the day."Im gonna go with British American Tobacco. I think it was hit hard for a long time, a lot of negative news on pricing and especially on the vaping side but it's good to see…

27 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — AB InBev

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose AB InBev as his stock pick of the day" It's been a year since I looked at Anheuser Busch and it's gone all the way up, and it's come back quite a bit after quite a soft third quarter. I think…

26 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Neslté

Kwame Antwi from KOA Capital chose Nestlé SA as his stock pick of the day. "If you look at the cycle, investors now needs to start positioning their portfolios in a much more defensive fashion and I think Nestlé is one of those businesses. You are gain around 40% revenue…

22 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Alibaba

Caroline Cremen from Adviceworx chose Alibaba as her stock pick of the day. "I know that we've got a bit of a risk appetite in the market right now but I'm going to pick Alibaba, which if you want to loosely translate it is Chinese Amazon, except it is multiples…

21 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Roche

Graeme Franck from PSG Wealth Sandton, Grayston chose Standard Bank Group and Roche as his stock picks of the day "I'm going to one on each side - one local and one international, on the local side we really like Roche, it's the biggest oncology i.e. cancer pharmaceutical player in…

20 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Exxaro

Andile Buthelezi from Sentio Capital chose Exxaro Resources Ltd as his stock pick of the day. "Exarro, I think they're looking quite cheap and by no means am I saying this is the 10 to 15 year call, we know just how much pushback globally co-producing companies are receiving from…

19 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Roche

Graeme Franck from PSG Wealth Sandton, Grayston chose Standard Bank Group and Roche as his stock picks of the day "I'm going to one on each side - one local and one international, on the local side we really like Roche, it's the biggest oncology i.e. cancer pharmaceutical player in…

18 Nov 2019 1AM 1 min