Stock Watch - Stock Picks - Comair and Barloworld

Alex Duys from Umthombo Wealth chose Comair Limited as his stock pick of the day, Comair was in the news last week and they won a claim with around R1,1 billion that is due to be paid to Comair. Other than the claim against SAA they are investing quite heavily in the non-airline businesses like pilot training and the slow lounges at airports. These have much higher margins than the airline business and are much less volatile. Over time this will lead to a gradual re-rating of the stock.

Joseph Busha from JM Busha Investments chose Barloworld as his stock pick of the day, they came 34% down from its 52% peak and the cash is coming back to Barloworld. You should get at least a twenty to twenty five percent to the upside as the momentum is there. So, if you are looking for good momentum in a South Africa Inc company, Barloworld is definitely a good option.