Stock picks — Exor NV and Anglo American
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Rowan Williams from Nitrogen Fund Managers chose Exor NV and Joseph Busha from JM Busha Investments chose Anglo American.
Williams said: "I 've gone with Exor, their and Italian listed holding company for the Agnelli family. Their principal assets are Stellantis which is the Peugeot merged business as well as Ferrari which remains exciting. Quality assets at a discount."
Busha said: "I'll stay local I think I'm going to skip into the commodity cycle I'll go for Anglo American. I think if you look at what Amplats is doing, the share price is now about two% cumbersome giving a high dividend yield. But I think for me what was interesting in the week was the announcement by Neal Froneman that it is time for the gold miners to consolidate, which could be exciting for the sector."
Williams said: "I 've gone with Exor, their and Italian listed holding company for the Agnelli family. Their principal assets are Stellantis which is the Peugeot merged business as well as Ferrari which remains exciting. Quality assets at a discount."
Busha said: "I'll stay local I think I'm going to skip into the commodity cycle I'll go for Anglo American. I think if you look at what Amplats is doing, the share price is now about two% cumbersome giving a high dividend yield. But I think for me what was interesting in the week was the announcement by Neal Froneman that it is time for the gold miners to consolidate, which could be exciting for the sector."
