Autonation and Afrimat

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Karl Gevers from Benguela Global Fund Managers chose Autonation Inc as his stock pick of the day and Independent Analyst Chris Gilmour chose Afrimat.

Gevers said: "I pick Autonation, it's essentially one of the biggest car dealership companies in the USA and I think it'll it'll benefit from that whole stimulus and economic recovery."

Gilmour said: "I'm going to go back to another old favourite of mine which is Afromat and you know with the with the iron-ore price in Singapore hitting around 236 dollars a ton and the Afromat share price is nowhere near what it should be in terms of its valuation."
10 May 2021 2AM English South Africa Business · Investing

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