Market Wrap

Market Wrap - Stock Pick — US Stocks

As his stock pick of the day, Robert Towell from Sasfin Securities says to go for US Stocks in particular Amazon & Alphabet. "I think with the trade negotiations going on now, if they come up relatively good over the next few days - I'd like to carry on going…

10 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Fairvest

Nesi Chett from Stanlib chose Fairvest Property Hldgs as his stock pick of the day. "What we like in the property space is more defensive type properties, we like a company called Fairvest, it is doing very well at the lower end of the market where they are not battling…

9 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — ARC

Grant Gilburt from Nedbank Private Wealth chose African Rainbow Cap as his stock pick of the day. "We're sticking with the investment holding companies, I really like the companies that they have invested in and that they have built within the ARC stable. They have a very credible management team…

8 Oct 2019 2AM 2 min

Market Wrap - Stock Pick — Shoprite

Viv Govender from Rand Swiss Offshore chose Shoprite as his stock pick of the day "Shoprite, there has been news that Christo Wiese cut down his shares quite significantly, but he will still maintain his special voting rights, I think it is very valuable to him. A huge seller in…

7 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Sibanye Gold

Sam Mokorosi from Vunani Capital chose Sibanye Gold Limited as his stock pick of the day. "Somebody that's coming out of a quagmire as well is Sibanye obviously they had that strike with AMCU and what's really interesting about Sibanye is that 80% of their free cash flow now comes…

4 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — Aspen Pharmacare

Steven Schultz from Momentum chose Aspen Pharmacare as his stock pick of the day. "Its Aspen, it's a counter that's effectively halved in value over the past twelve months. There's been a number of reasons why, most notably debt buildup and shareholders are obviously uncomfortable with that. We've seen not…

3 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — AbbVie

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose AbbVie Inc as his stock pick of the day. "I'm again looking offshore at AbbVie, it's a hundred billion dollar offshore pharmaceutical company. They are producing and researching drugs. It's come off quite sharply and Humira is a big selling point…

2 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — CoreShares

Caroline Cremen from Adviceworx chose CoreShares Global Div Trax as her stock pick of the day. "With the rand being where it is, I can't pick my favorite offshore, but I'm going to say that the best place to hide in a poor economic environment is dividend stocks, CoreShares Global…

1 Oct 2019 2AM 7 min

Market Wrap - Stock Pick — Anglo American

Andile Buthelezi from Sentio Capital chose Anglo American plc as his stock pick of the day. "Today I'm going with Anglo-American, it's a diversified mining company exposed to PGMs, exposed to iron ore, copper and diamond. Diamond is a concern right now, the diamond business is not doing too well,…

27 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Mondi

Nesan Nair from Sasfin Securities chose Mondi plc as his stock pick of the day."I'm going to go with Mondi, it has had a really rough ride and it is very hard to reconcile when the share price is trading below three hundred but it is still a very well…

26 Sep 2019 2AM 8 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 at the moment and there are two scenarios to look at, one is with Brexit and one with Trump. There are downsides to both and I'm very uncertain at the moment…

25 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Intu Properties

Robert Cameron from Thebe Stockbroking chose Intu Properties PLC as his stock pick of the day. "I'm going with Intu Properties, I should also caution again, it is for maybe they're more risk tolerance investor, this stock has come down 75% over the past year. Now, Intu Properties does own…

20 Sep 2019 2AM 10 min

Market Wrap - Stock Pick — Microsoft

Robert Towell from Sasfin Securities chose Microsoft Corp as his stock pick of the day. "Value is quite difficult to find worldwide, but I think if you take a look at world markets you and you take a look at what Microsoft is doing, they were buying back 40 billion…

19 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — rand

Viv Govender from Rand Swiss Offshore says he is taking his profits from his rand trade "I'm not investing but taking profits in my rand trade, the last time I was on the show I mentioned it was around R15,20 to the dollar and I said to go long on…

18 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Shoprite

Grant Gilburt from Nedbank Private Wealth talks to Business Day TV about his stock pick. "Stock pick amidst it all is Shoprite, we've seen it setting off quite a lot post the results, but I think in those results we saw a lot of once offs. There was a big…

17 Sep 2019 2AM 6 min

Market Wrap - Stock Pick — Aspen

Devin Shutte from The Robert Group chose Aspen as his stock pick of the day. "I'm going for a bit of a controversial one namely Apsen (the second best performer on the top 40 for the day). The latest guidance from management is that they are really getting a handle…

16 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Rhodium ETF

Sam Mokorosi from Vunani Capital chose Rhodium ETF as his stock pick of the day. "Last time I was here I mentioned the Rhodium ETF, it's a substitute for platinum in the auto catalytic converter market and it's continuing to run although it had a bit of a slip under…

13 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — Motus

Nolwandle Mthombeni from Mergence Investment Managers chose Motus Holdings Ltd as her stock pick of the day. "So I'm going with Motus and the one thing that I want to say is 'second-hand markets'. So the news the only thing that you get to see is the is the new…

12 Sep 2019 2AM 7 min

Market Wrap - Stock Pick — Naspers

Graeme Franck from PSG Wealth Sandton chose Naspers as his stock pick of the day. "I'm going with Naspers and just to be clear I think the next few days are going to be quite volatile within the Naspers Prosus stable. Today was the last day to trade Naspers so…

10 Sep 2019 2AM 8 min

Market Wrap - Stock Pick — Adcock Ingram

Steven Schultz from Momentum chose Adcock Ingram as his stock pick of the day.. "I'm going with a Adcock Ingram, it's a great pharmaceutical company with a very strong balance sheet on a pier relative basis and we know that they're certainly not overextended from a gearing perspective and we've…

9 Sep 2019 2AM 8 min