Stock Watch - Stock pick — Sibanye Stillwater
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Nick Crail from Ashburton Investments chose Sibanye Stillwater as his stock pick of the day.
"It's a bit of a shot in the dark at the moment but certainly a sector that I think is really underperformed in the last two months, and I still think with this uncertainty has some legs to it and that's Gold. When having a look at gold and which sort of pick would you like to go into, ultimately perhaps you want to pick a slightly less quality type of operation, but generally with a good breadth of assets and perhaps take a little bit of risk off the table as opposed to only going with gold. My stock pick for this evening is going to be Sibanye, I still think there is some upside in the share and it's an easy way to play a little bit of the precious metals, specifically platinum, palladium as well as gold exposure."
"It's a bit of a shot in the dark at the moment but certainly a sector that I think is really underperformed in the last two months, and I still think with this uncertainty has some legs to it and that's Gold. When having a look at gold and which sort of pick would you like to go into, ultimately perhaps you want to pick a slightly less quality type of operation, but generally with a good breadth of assets and perhaps take a little bit of risk off the table as opposed to only going with gold. My stock pick for this evening is going to be Sibanye, I still think there is some upside in the share and it's an easy way to play a little bit of the precious metals, specifically platinum, palladium as well as gold exposure."
