Market Wrap

Market Wrap - Stock Pick — Shoprite

Graeme Franck from PSG Wealth Sandton chose Shoprite as his stock pick of the day. "So in light of tomorrow, and my expectation for interest rates, I do think that blue chip retailers should rerate in a declining interest rate environment and it just generally better consumer confidence. So, I'm…

17 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Visa

Caroline Cremen from Adviceworx chose Visa Inc as her stock pick of the day."To build the offshore dividend Aristocrats portfolio you should be looking at Visa. Visa doesn't have a very high dividend yield but it has increased its dividend by over 30 percent annually over the past few years…

16 Jul 2019 2AM 8 min

Market Wrap - Stock Pick — Off shore

Robert Towell from Sasfin Securities suggests to look off shore as the rand continues to gain. I think at the moment in South Africa we are going to get a rate cut which will be good for the economy but it puts a bit of strain on the banks so…

15 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Consolidated Infrastructure

Independent Analyst Liston Meintjes chose Consolidated Infrastructure Grp as his stock pick of the day. "I put a small company forward, it's called Consolidated Infrastructure. They had a terrible time as many people will know they went from R12 per share all the way down to R2 a share. This…

12 Jul 2019 2AM 9 min

Market Wrap - Stock Pick — Lerøy Seafood Group

Devin Shutte from The Robert Group chose Lerøy Seafood Group as his stock pick of the day "My stock pick is one that's listed in Norway on the Oslo Stock Exchange, Lerøy Seafood Group. They farm salmon and you cannot think of a better place in the world than the…

11 Jul 2019 3AM 7 min

Market Wrap - Stock Pick — Johnson & Johnson

Caroline Cremen from Adviceworx chose Johnson & Johnson as her stock pick of the day. "If you haven't got your money out the country yet now is a good time to actually do it. The rand is at a fantastic level even though the offshore markets are just very expensive…

10 Jul 2019 12PM 7 min

Market Wrap: Stock Pick — Mondi

Warren Jeffery from Nedbank Private Wealth chose Mondi as his stock pick of the day."So my stock pick of the day is Mondi, it's a global trader with a strong dividend yield of almost 4%. It is also trading on a PE (Price Earnings) of around 10 times. Their global…

9 Jul 2019 12PM 9 min

Market Wrap - Stock Pick — Gold Fields

Sam Mokorosi from Vunani Capital chose Gold Fields as his stock pick of the day. We like Gold Fields, they have good margins, good interest cover, good CEO who's been around for donkey's years and we are quite keen on them at the moment."

5 Jul 2019 2AM 6 min

Market Wrap - Stock Pick — rand

Viv Govender from Rand Swiss Offshore chose to close the long on the rand as his stock option for this week We saw a huge amount of interest coming in from our clients and if so many of our clients think that R14,10 to the dollar is a good time…

4 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Inditex

Imtiaz Suliman from Sentio Capital chose Inditex SA as his stock pick of the day. "My stock pick is Inditex, they are the owner of Zara clothing retailer. They have a very strong supply chain that they can turn on the taps very quickly when they see a product that…

2 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Investec

Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day. "I like the stock and it's looks like we're going to get the Brexit shenanigans coming to end soon. The stock is trading at R92 per share and is under a 10 PE. We are…

1 Jul 2019 2AM 6 min

Market Wrap - Stock Picks — Northam and Richemont

Liston Meintjes from Nvest Securities chose Northam Platinum Ltd as his stock pick of the day and Maudi Lentsoane, Lehumo Investments chose Richemont Meintjes said: "It's Northam, a platinum miner and I've got to put the disclaimer upfront and that is to say, if you believe in platinum. They certainly…

28 Jun 2019 2AM 10 min

Market Wrap - Stock Pick — long oil

Viv Govender from Rand Swiss Offshore chose to go long oil as his stock option for the day."With the issues in Iran, the situation in Libia and the violence in Venezuela I do think the oil price still has a massive upside from here. If there is an end to…

27 Jun 2019 2AM 7 min

Market Wrap - Stock Pick — Equites

Nesi Chetty from Stanlib chose Equites Property Fund as his stock pick of the day. "My stock pick is a company we've liked for a while, it's called Equites. It's got a very large local portfolio, the size is about R12 billion. They've done quite well in that logistic space…

26 Jun 2019 2AM 8 min

Market Wrap - Stock Pick — cash and SA banks

I think in the short-term cash is still quite good but the banks are starting to look like a good level to start looking to start buying. They are starting to come back close to single-digit PE (price to earnings ratio) with a good dividend, good balance sheets and well-managed…

25 Jun 2019 2AM 7 min

Market Wrap - Stock Pick — Coreshares

Caroline Cremen from Adviceworx chose Coreshares Global Dividend Fund as her stock pick of the day. "Use the opportunity and where the rand is at the moment to pick up one of the local exchange-traded funds of you can't go offshore directly. My favorite is the Coreshares Global Dividend Fund…

24 Jun 2019 2AM 7 min

Market Wrap - Stock Pick — Nasdaq

Robert Cameroon from Thebe Stockbroking chose Nasdaq 100 PRTF (STXNDQ) as his stock pick of the day. "My stock pick is this the Nasdaq ETF, the Satrix one and it's denominated in rands on the JSE. It's a very nice rand hedge. The rand has strengthened quite a lot so…

21 Jun 2019 3AM 7 min

Market Wrap - Stock Pick — Sasol

Nesan Nair from Sasfin Securities chose Sasol as his stock pick of the day . "I'm going to go for Sasol, I think it's going to be a challenging 8 to 12 months and maybe with a bit of volatility but I think long terms these are very good levels…

20 Jun 2019 3AM 7 min

Market Wrap - Stock Pick — Sasol

Martin Smith from Anchor Securities chose Sasol as his stock pick of the day. "For a buy I choose Sasol, at these level and with the news coming from the Lake Charles project a couple of weeks ago the share price came under huge pressure and is looking extremely cheap…

19 Jun 2019 2AM 8 min

Market Wrap - Stock Pick — Pfizer

Steven Schultz from Momentum chose Pfizer as his stock pick of the day. "Pfizer pharmaciuticals is a US listed off-shore company. I think it is a great environment to take a very defensive growth counter such as Pfizer. It is in the headlines at the moment for its acquisition of…

18 Jun 2019 2AM 13 min