Market Wrap

Market Wrap - Stock Pick — Richemont

Imtiaz Suliman from Sentio Capital chose Richemont as his stock pick of the day. "I'm going with Richemont, we've seen that Richemont has come back following the latest result in November. But I think on the back of strong global markets going forward, the sort of dampening down of the…

12 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Nepi Rockcastle

Grant Gilburt from Nedbank Private Wealth chose Nepi Rockcastle as his stock pick of the day. "So given the elevated international equity markets, my concerns are on the local economy and I'm going for Nepi Rockcastle. A retail REIT, focused predominantly Romania and Poland. It's giving you a 7.5% in…

10 Dec 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Old Mutual

Steven Schultz from Momentum chose Standard Bank and Old Mutual as his stock picks for the day. "My stock pick this evening, if you can ignore your generator for a moment and take a bit of a positive view on South Africa and the two stock picks are Standard Bank…

9 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — TFG

Andile Buthelezi from Sentio Capital chose The Foschini Group as his stock pick of the day. "I'm going with TFG today, look the South African macro environment is tough and it is probably not going to improve anytime soon going into 2020. TFG is probably being painted with the same…

5 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Offshore

Viv Govender from Rand Swiss Offshore suggests that one should use their offshore allowance before the year ends. "I remain adamant that you need to use your offshore allowance before the 31st of December. We're going to have a very turbulent 2020 and if you basically stuck with the allowance…

4 Dec 2019 1AM 1 min

Market Wrap - Stock Picks — Amazon and Alphabet

Robert Towell from Sasfin Securities chose Amazon and Alphabet Inc as his stock picks of the day. "I think the markets are quite turbulent at the moment and I think you're starting to see a very big sell-off in and on the tech side and I'll take a look at…

3 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Prosus

Graeme Franck from PSG Wealth Sandton Grayston chose Prosus as his stock pick of the day. "I'm going to go for Prosus, remember they listed just a couple of months ago and the listing price was a capital gains tax event so they had to crystallize a price and that…

2 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — AB InBev

Independent Analyst, Liston Meintjes chose AB InBev as his stock pick of the day. "I'm staying with AB InBev, and one of the reasons is that they haven't been performing well for quite some time, but you know I do believe people drink beer and I do think that they…

29 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — BidCorp

Kwame Antwi from KOA Capital chose Bid Corp as his stock pick of the day. "In the current environment I'm fairly bearish on the currency, I'm fairly bearish on SA economy. I think we have a lot of headwinds despite the optimism and some of the things that we and…

28 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — BAT

Nesan Nair from Sasfin Securities chose British American Tobacco as his stock pick of the day."Im gonna go with British American Tobacco. I think it was hit hard for a long time, a lot of negative news on pricing and especially on the vaping side but it's good to see…

27 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — AB InBev

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose AB InBev as his stock pick of the day" It's been a year since I looked at Anheuser Busch and it's gone all the way up, and it's come back quite a bit after quite a soft third quarter. I think…

26 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Neslté

Kwame Antwi from KOA Capital chose Nestlé SA as his stock pick of the day. "If you look at the cycle, investors now needs to start positioning their portfolios in a much more defensive fashion and I think Nestlé is one of those businesses. You are gain around 40% revenue…

22 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Alibaba

Caroline Cremen from Adviceworx chose Alibaba as her stock pick of the day. "I know that we've got a bit of a risk appetite in the market right now but I'm going to pick Alibaba, which if you want to loosely translate it is Chinese Amazon, except it is multiples…

21 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Roche

Graeme Franck from PSG Wealth Sandton, Grayston chose Standard Bank Group and Roche as his stock picks of the day "I'm going to one on each side - one local and one international, on the local side we really like Roche, it's the biggest oncology i.e. cancer pharmaceutical player in…

20 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Exxaro

Andile Buthelezi from Sentio Capital chose Exxaro Resources Ltd as his stock pick of the day. "Exarro, I think they're looking quite cheap and by no means am I saying this is the 10 to 15 year call, we know just how much pushback globally co-producing companies are receiving from…

19 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Roche

Graeme Franck from PSG Wealth Sandton, Grayston chose Standard Bank Group and Roche as his stock picks of the day "I'm going to one on each side - one local and one international, on the local side we really like Roche, it's the biggest oncology i.e. cancer pharmaceutical player in…

18 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Blue Label Telecoms

Robert Cameron from Thebe Stockbroking chose Blue Label Telecoms as his stock pick of the day."My stock pick for today is Blue Label, basically they paid 5,5 bn for a 45% steak which sunk Blue Label from R12 to R2,55 - it's shocking. They were going to get a "get…

15 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Walt Disney

Robert Towell from Sasfin Securities chose Walt Disney Company as his stock pick of the day "So we're still going offshore and we like Walt Disney. They came out with very good numbers last week and they've still got a very good brand. The stock did jump seven percent yesterday…

14 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Shoprite

Nick Kunze from Sanlam Private Wealth chose Shoprite as his stock pick of the day. "I'm going with the retail theme with on the back of Spar, we like Shoprite in that space. We continue to like what they're doing, their margins are still pretty chunky in that area and…

13 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Fedex

Grant Gilburt from Nedbank Private Wealth chose Fedex Corp as his stock pick of the day. "Stock Pick tonight is Fedex, so we are going international tonight and I do think that we are getting closer to some form of trade resolution. Fedex is the world's largest express delivery provider,…

12 Nov 2019 1AM 1 min