Market Wrap - Stock Pick - Discovery
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Caroline Cremen from Adviceworx chose Discovery Ltd as her stock pick of the day.
“We do have it on our portfolio as part of a broader portfolio choice in South Africa. I never get particularly excited about the company - I like the management and the business case but I think a lot of people have had experiences with them that tend to put them off a bit. But, if you look at where it is trading at the moment, it doesn’t often trade at these levels. Pending the fact that we are not going to have a major disaster at the election polls in May one should buy at these levels”
“We do have it on our portfolio as part of a broader portfolio choice in South Africa. I never get particularly excited about the company - I like the management and the business case but I think a lot of people have had experiences with them that tend to put them off a bit. But, if you look at where it is trading at the moment, it doesn’t often trade at these levels. Pending the fact that we are not going to have a major disaster at the election polls in May one should buy at these levels”
