Stock Watch - Stock picks — AB Inbev and rand/US dollar
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Meryl Pick from Old Mutual Investments chose AB Inbev as her stock pick of the day and Gary Booysen from Rand Swiss chose Rand/USDollar.
Pick said: "I'm not a huge beer drinker but I like the look of Anheuser-Busch at these levels for several reasons, they operate in quite a few emerging market territories that will benefit from the dollar that we've seen in the last few days."
Booysen said: "My trade for the day is the rand/US dollar. It was incredible to see the move that we've had and was almost directly related to the US elections."
Pick said: "I'm not a huge beer drinker but I like the look of Anheuser-Busch at these levels for several reasons, they operate in quite a few emerging market territories that will benefit from the dollar that we've seen in the last few days."
Booysen said: "My trade for the day is the rand/US dollar. It was incredible to see the move that we've had and was almost directly related to the US elections."
