Market Wrap - Stock Pick — Investec
--:--
Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day.
"I like the stock and it's looks like we're going to get the Brexit shenanigans coming to end soon. The stock is trading at R92 per share and is under a 10 PE. We are waiting for more data for the asset manager spin-off and we think that under R100 it offers some value."
"I like the stock and it's looks like we're going to get the Brexit shenanigans coming to end soon. The stock is trading at R92 per share and is under a 10 PE. We are waiting for more data for the asset manager spin-off and we think that under R100 it offers some value."
