Market Wrap

Market Wrap - Stock Pick — Blue Label Telecoms

Robert Cameron from Thebe Stockbroking chose Blue Label Telecoms as his stock pick of the day."My stock pick for today is Blue Label, basically they paid 5,5 bn for a 45% steak which sunk Blue Label from R12 to R2,55 - it's shocking. They were going to get a "get…

15 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Walt Disney

Robert Towell from Sasfin Securities chose Walt Disney Company as his stock pick of the day "So we're still going offshore and we like Walt Disney. They came out with very good numbers last week and they've still got a very good brand. The stock did jump seven percent yesterday…

14 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Shoprite

Nick Kunze from Sanlam Private Wealth chose Shoprite as his stock pick of the day. "I'm going with the retail theme with on the back of Spar, we like Shoprite in that space. We continue to like what they're doing, their margins are still pretty chunky in that area and…

13 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Fedex

Grant Gilburt from Nedbank Private Wealth chose Fedex Corp as his stock pick of the day. "Stock Pick tonight is Fedex, so we are going international tonight and I do think that we are getting closer to some form of trade resolution. Fedex is the world's largest express delivery provider,…

12 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Medtronic

Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose Medtronic as his stock pick of the day. "An off-shore company called Medtronic, where medicine and technology or electronics meet. This is a company with an almost $150bn market cap, they are into all kinds of fancy gadgets like heart valves,…

11 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Cartrack

Nancy Bambo from Momentum chose Cartrack Holdings Ltd as her stock pick of the day "My stock pick today is Cartrack, it is probably not the best stock for institutional investors because of the liquidity. But, it has shown quite resilient growth over the past five years, it's grown 20%…

8 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Absa

Andile Buthelezi from Sentio Capital chose Absa Group Limited as his stock pick of the day. "Absa, I'm going with Absa, the share price has done nothing on a year-to-date basis, it's been down about 12% if you look at where they peaked in January. Generally I think they are…

7 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Naspers and Prosus

Robert Towell from Sasfin Securities chose Naspers and Prosus as his stock picks of the day. "I think on the local market if you wanted to stay local, I think Naspers and Prosus - either of them, have come down initially quite a lot since their split and I think…

6 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Bristol-Myers Squibb

Steven Schultz from Momentum chose Bristol-Myers Squibb as his stock pick of the day. "My stock pick today is a US-listed bio pharm by the name of Bristol-Myers Squibb. It is a specialist in immune oncology treatments and it's a company that's been around for 80 years so an exceptionally…

5 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Sibanye Stillwater

Sam Mokorosi from Vunani Capital chose Sibanye Stillwater as his stock pick of the day. "Sibanye, the last time I was here the strike had ended, they were getting back to full production, they'd come up with good numbers this week and we liked them both on a macroeconomic perspective,…

1 Nov 2019 2AM 1 min

Market Wrap - Stock Pick — RMI

Nolwandle Mthombeni from Mergence Investment Managers chose RMI as his stock pick of the day "RMI, so the holding companies have been out of flavour, given that the discount has been opening quite widely but I think at these levels I'm quite happy to get more exposure to Discovery and…

31 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — BidCorp

Imtiaz Suliman from Sentio Capital chose BidCorp as his stock pick of the day. "I'm going with BidCorp, they have a very defensive model whereby they are rolling out food services to smaller food retailers and restaurants. Their margins have also been increasing as they add on new services such…

29 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Euro Stoxx 50

Viv Govender from Rand Swiss Offshore chose Euro Stoxx 50 as his stock pick of the day. "My stock is going to be the Euro Stoxx 50 auto-call. A great product basically as long as the Euro Stoxx 50 does not fall, after a year you get a 20% return,…

28 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Brait

Robert Cameron from Thebe Stockbroking chose Brait as his stock pick of the day. "So my stock pick today is Brait, the stock has been under the hammer, in 2016 it was as high as R160 and at the moment it is about R17,50. We are looking at a net…

25 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Virgin Galactic

Sam Mokorosi from Vunani Capital chose Virgin Galactic (although the stock has not yet been listed) as his stock pick of the day. "We like Virgin Galactic which is kind of a left-field choice. Virgin Galactic is Virgin's space story, they're listing in New York on Monday with a mock…

24 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Kumba Iron Ore

Andile Buthelezi from Sentio Capital chose Kumba Iron Ore as his stock pick of the day. "I'm going with Kumba, I think they got a bit of a beating yesterday after they released a production update. They guided in that production update that they will probably sell a million tons…

23 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — SA inc. stocks

Graeme Franck from PSG Wealth Sandton chose SA inc. stocks as his stock pick of the day. "So I'm going to stick with the theme of the Sa inc. stocks. As I said Standard Bank is looking very good and then some of the industrial shares as well - again,…

22 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — US Stocks

Robert Towell from Sasfin Securities chose US Stocks, in particular Amazon & Alphabet as his stock pick of the day. "I think with trade concerns starting to abate and we're starting to see some good who needs coming out of the states, I think that America is still the place…

21 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — AB Inbev and Richemont

Independent Analyst Liston Meintjes chose AB InBev and Richemont as his stock picks of the day. I'm picking a stock that I have never picked before, I don't want something that depends on engergy or as such, it's still ifs and buts and maybe but I think that Richemont at…

18 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Distell

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose Distell Group Hldgs Ltd as his stock pick of the day. "I'm looking at Distell at the moment, they have a R30 bn market cap. Quite largely tightly held by Remgro but it does trade on the market and is an…

17 Oct 2019 2AM 1 min