Stock Watch - Stock picks — Multichoice and Royal Dutch Shell

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Chantal Marx from FNB Wealth & Investments chose Multichoice as her stock pick of the day an Graeme Körner from Körner Perspective chose Royal Dutch Shell.

Marx said: "I'm going for Multichoice group this week um it's actually it's trading just above R100. At times like this when you actually just looking for consistent strong cash flows and the possibility of reasonable dividend yield, this stock actually seems to offer reasonable value where it's trading currently"

Körner said: "I'm going for Royal Dutch Shell, they came out with pretty lousy results, we know what happened in the second quarter where some some oil prices actually went negative. It really was kind of a black swan period for for the oil majors. Oil might be averaging probably 35 dollars a barrel for 2020 and from what I can see we're holding a little over 40 and it's looking to me as though the prices are holding relatively steady"
30 Jul 2020 2AM English South Africa Business · Investing

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