Stock picks — Bidvest and MTN
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Ricus Reeders from PSG Wealth Sandton Grayston chose Bidvest as his stock pick of the day and Nesan Nair from Sasfin Securitues chose MTN.
Reeders said: "If you've got a rebound in GDPs very specifically global and and and possibly even in South Africa, so it's boring and it's Bidvest because that's the kind of company that's so broadly spent and specifically also with their gradual move offshore."
Nair said: "I'm gonna stick with MTN unless today was a massive short squeeze it seems to me that lots of investors have actually looked at this stock probably representing some near-term value."
Reeders said: "If you've got a rebound in GDPs very specifically global and and and possibly even in South Africa, so it's boring and it's Bidvest because that's the kind of company that's so broadly spent and specifically also with their gradual move offshore."
Nair said: "I'm gonna stick with MTN unless today was a massive short squeeze it seems to me that lots of investors have actually looked at this stock probably representing some near-term value."