Market Wrap

Market Wrap - Stock pick — Naspers

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day. "I'm going to go with Naspers, Tencent results were out this week which were a resounding beat on market expectations, but Tencent has this overhang of this executive order that Trump has signed in…

13 Aug 2020 2AM 1 min

Market Wrap - Stock pick — Distell

Makwe Masilela from Makwe Fund Managers chose Distell as his stock pick of the day. "I'm going for Distell, they managed to hold their own and for the year to date they managed to do 45%. They have a PE of almost 4 and a dividend yield of almost 6%,…

11 Aug 2020 2AM 1 min

Market Wrap - Stock picks — Facebook and Quilter

David Shapiro from Sasfin Securities chose Facebook as his stock pick of the day and market commentator Nolwandle Mthombeni chose Quilter. Shapiro said: "I like the company that we all like to hate, Mark Zuckerberg's wealth has now gone through 100 billion for a valid reason and I think in…

7 Aug 2020 2AM 1 min

Market Wrap - Stock pick — Investec Property Fund

Nesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day. "Investec Property Fund is one that we've liked for a while now and looking at the portfolio over time, they built up quite an exciting portfolio in SA, together with their expansive offshore footprint into…

5 Aug 2020 2AM 1 min

Market Wrap - Stock pick — Caterpillar

Kwame Antwi from KOA Capital chose Caterpillar Inc as his stock pick of the day. "Caterpillar is one of the companies that we've been looking at recently and is one of those companies that have suffered quite significantly. But, we think that it has got good cash on the balance…

4 Aug 2020 2AM 1 min

Market Wrap - Stock pick — MTN

Imtiaz Suliman from Sentio Capital chose MTN as his stock pick of the day. "I'm going to go with MTN, they're going to report their results on Thursday and they've come up to the trading update which is quite positive. I think for them to be scrapping the interim dividend…

3 Aug 2020 2AM 1 min

Market Wrap - Stock pick — Sibanye

Andile Buthelezi from Sentio Capital chose Sibanye Stillwater as his stock pick of the day. "I'm going for Sibanye Stillwater, it had a decent run since it bottomed back in March but in our view the current share price isn't quite pricing in the cash flows that this company stands…

30 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Diego

Graeme Franck from PSG Wealth Sandton Grayston chose Diego as his stock pick of the day. "I'm going for Diego, it's a top booze company internationally, it's trading on a PE of roughly 20 times. The high of the share price was 36 pounds and it's currently trading at about…

29 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Visa

Caroline Cremen from Adviceworx chose Visa as her stock pick of the day."I'm going for Visa, it's not a credit card company but a fintech company that is really going to benefit from this move to electronic cash that has been expedited by Covid"

28 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Citibank

Steven Schultz from Momentum chose Citibank as his stock pick of the day. "My pick is Citibank trades in the US and today it trades at the lowest price to book in its sector. It also has a fairly robust and diverse business mix and it's got a resilient corporate…

27 Jul 2020 2AM 1 min

Market Wrap - Stock pick — CAT

Kwame Antwi from KOA Capital chose Caterpillar Inc as his stock pick of the day. "The stock that I'll be talking about is Caterpillar. I think it's one of those stocks that haven't rallied with the rest of the market, it's down about 10% from beginning of the year and…

23 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Microsoft

Nesan Nair from Sasfin Securities chose Microsoft as his stock pick of the day. "I'm going to go for a Microsoft, it's one that I have liked for a long time and I think with the possibility of further lockdown measures throughout the world, these tech companies particularly those that…

22 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Microsoft

Viv Govender from Rand Swiss Offshore chose Microsoft as his stock pick of the day. "I'm going for Microsoft one of those big companies and I think it's right now trading at about 1.5 trillion dollars. They have done remarkably well in this crisis and since Satya Nadella has taken…

21 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Pepsico

Caroline Cremen from Adviceworx chose Pepsico as her stock pic of the day. "I'm going very conservative, I'm going for an offshore company called Pepsico. The dividend growth rate per annum is 8% and with a dividend yield of 3% and to me doesn't indicate that it's expensive. They have…

20 Jul 2020 2AM 1 min

Market Wrap - Stock picks — Afrimat and Bonds

Independent Analyst Chris Gilmour chose Afrimat as his stock pick of the day and David Shapiro from Sasfin Securities chose to look at bonds. Gilmour said: "Afrimat I think has got all the qualities inherent, it has a nice rand hedge side of things, they know precisely what they're doing…

17 Jul 2020 2AM 1 min

Market Wrap - Stock pick — JP Morgan

Graeme Franck from PSG Wealth Sandton Grayston chose JP Morgan as his stock pick of the day. "JP Morgan came out with numbers on Wednesday and the market was expecting them to be poor, the consensus estimate was $1 for the quarter they came out with $1,30 which is a…

16 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Amazon

Robert Towell from Sasfin Securities chose Amazon as his stock pick of the day. "We still like Amazon, it has had a very big run over the last few months. When you take a sustained view of where economies are going worldwide in the next 10 years, internet of things…

15 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Harmony Gold

Imtiaz Suliman from Sentio Capital chose Harmony Gold as his stock pick of the day. "I'm going to go for Harmony Gold, they are in a very enviable position whereby they're benefiting from a very strong gold price and a weaker rand. If you just put in the spot rand…

14 Jul 2020 2AM 1 min

Market Wrap - Stock pick — Pepkor

Nolwandle Mthombeni from Mergence Investment Managers chose Pepkor as her stock pick of the day. "In light of the announcements from TFG today I'm going with Pepkor. Pepkor is a a value retailer and it still has a very attractive profile and at current levels the share price has given…

13 Jul 2020 2AM 3 min

Market Wrap - Stock picks — Satrix MSCI China ETF and S&P 500

David Shapiro from Sasfin Securities chose Satrix MSCI China ETF and Viv Govender from Rand Swiss Offshore chose S&P 500Shapiro said: "I'm very thrilled that Satrix is bringing in a China ETF which I think impresses all the businesses that we would look at if we could invest in China…

10 Jul 2020 2AM 1 min