Market Wrap

Market Wrap - Stock pick — Naspers

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day. "My stock pick is Naspers, the rand has strengthened quite a bit recently. Nasper still trades at its widest discounts around 56% which leaves an investor that's bearish on rand and positive on global…

22 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Sanlam

Caroline Cremen from Adviceworx chose Sanlam as her stock pick of the day. "My stock pick is a boring product by the name of Sanlam which I'm sure everybody is familiar with. This stock has just gone on for decades just out performing the All share, increasing its dividend which…

21 Sep 2020 2AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day. "I'm going with cash, I think markets are pretty high and we're heading into a point at which we're going get more and more information that's going to be pretty negative."

17 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Northam Platinum

Nick Kunze from Sanlam Private Wealth chose Northam Platinum as his stock pick of the day. I'm sticking with the commodity theme, going for Northam Platinum. I've been liking it for a while and that rhodium price has moved back above ten thousand dollars an ounce and they've got nine…

16 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Inditex

Imtiaz Suliman from Sentio Capital chose Inditex as his stock pick of the day. "I'm going with Inditex, they have a number of brands of which the most well known is Zara. They have a very good model in terms of their fashion procurement and design and their lead times…

15 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Naspers

Graeme Franck from PSG Wealth Sandton Grayston chose Naspers as his stock pick of the day. "It's going to be extremely boring tonight and I'm just going to go for Naspers, for the very simple reason that it's trading on a 40% plus discounts to the underlying Tencent. We have…

14 Sep 2020 2AM 1 min

Market Wrap - Stock picks — US Tech Stocks and Afrimat

David Shapiro from Sasfin Securities chose US Tech Stocks as his stock pick of the day and Independent Analyst Chris Gilmour chose Afrimat. Shapiro said: "I'm still a tech man, these tech companies are still generating massive profits and huge cash. They're increasing the power by using that cash to…

11 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Transaction Capital

Robert Towell from Sasfin Securities chose Transaction Capital as his stock pick of the day. "I'm choosing Transaction Capital, we like the business and their acquisition of WeBuyCars. It has a lot of growth potential for both companies as they can definitely leverage off each other."

10 Sep 2020 2AM 1 min

Market Wrap - Stock pick — AVI

Kwame Antwi from KOA Capital chose AVI as his stock pick of the day. "My pick is AVI. They released results yesterday, I've been quite bullish on the stock itself and I was actually spectacularly surprised. If you look at the business as a whole, yes AVI has always traded…

9 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Shoprite

Makwe Masilela from Makwe Fund Managers chose Shoprite as his stock pick of the day "Shoprite has increased their dividend by almost 39% and also said that they would be getting rid of their last two stores in Kenya. What is more important is that Shoprite has continued to gain…

8 Sep 2020 2AM 1 min

Market Wrap - Stock pick — AVI

Steven Schultz from Momentum chose AVI as his stock pick of the day." AVI is my pick and was on my radar for quite some time. It was up 8% on the day, it has a number of very strong brands including Five Roses and Bakers and everyone's stuck at…

7 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Remgro

Waldo du Plessis from Nitrogen Fund Managers chose Remgro as his stock pick of the day. "I'm going with Remgro, it's a holding company. It is trading to one of its widest discounts ever to its underlying holdings. It is quite cheap for the long term."

3 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Investec S&P Autocall

Viv Govender from Rand Swiss Offshore chose Investec S&P Autocall as his stock pick of the day. "Considering the uncertainty about the future I'm going for the Investec S&P Autocall. It starts on the 15th of September and it gives a guarantee on the performance given the flat market."

27 Aug 2020 2AM 1 min

Market Wrap - Stock pick — Medtronic

Robert Towell from Sasfin Securities chose Medtronic as his stock pick of the day. "I'm choosing Medtronic. It's a medical suppliers business overseas that do pacemakers, hip and knee replacements. They also do very high tech medical equipment and we saw that a lot of these companies dropped off quite…

26 Aug 2020 2AM 1 min

Market Wrap - Stock pick — Ninety-One

Graeme Franck from PSG Wealth Sandton Grayston chose Ninety-One as his stock pick of the day. "My stock is Ninety-One, the old Investec asset management business. It's trading on a price earnings multiple of about 14 times and the interesting thing is that roughly two thirds of the of the…

25 Aug 2020 2AM 1 min

Market Wrap - Stock picks — Tech Stocks

Mia Kruger from Kruger International and David Shapiro from Sasfin Securities both chose tech stocks as their stock picks for the day. Kruger said: "I'm very happy to hold my offshore tech stocks at this stage. I think despite the fact that they seem expensive, these companies are positioned exceptionally…

21 Aug 2020 2AM 1 min

Market Wrap - Stock pick — Apple

Nesan Nair from Sasfin Securities chose Apple as his stock pick of the day. "I'm going with Apple, they significantly hit the $2 trillion market cap and some analysts are calling it to 3 trillion so let's wait and see"

20 Aug 2020 2AM 1 min

Market Wrap - Stock pick — MTN

Andile Buthelezi from Sentio Capital chose MTN as his stock pick of the day. "I'm going for MTN, on a number of different matrix the stock is looking undervalued, especially compared to their peers like Vodacom. Yes they didn't pay an interim dividend but indications are that they will probably…

19 Aug 2020 2AM 1 min

Market Wrap - Stock pick — ASML

Caroline Cremen from Adviceworx chose ASML as her stock pick of the day "My stockpit is ASML, it's a Dutch company that has 85% of the market share in providing tools for making computer chips. They edge circuits onto semiconductors and it has a return an equity of 24% and…

18 Aug 2020 2AM 1 min

Market Wrap - Stock pick — BHP and MTN

David Shapiro from Sasfin Securities chose BHP as his stock pick of the day and Martin Smith from Anchor Capital chose MTN. Shapiro said: "I'm very happy to buy BHP because the iron-ore price is at $120 a ton. What's very interesting is that bulletin is up almost 30% this…

14 Aug 2020 2AM 2 min