Stock Watch - Stock picks — Aspen and Long4Life
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Nick Kuzne from Sanlam Private Wealth chose Aspen as his stock pick of the day and Mark du Toit from Oyster Catcher Investments chose Long4Life.
Kunze said: "Aspen Pharmacare is my pic, I've been following it just on a pure valuation play. It's trading in single digits, obviously they're in the in the news and the press for the right reasons this time. The good news is that they've got their debt paid down significantly after selling the infant formula business and a few others. I think management are doing exactly what's asked and there is also the good news of them having to manufacture Johnson&Johnson 300 million doses of the vaccine.
du Toit said: "My stock pick tonight is Long4Life. They've obviously had a very difficult trading time during Covid, and it has been very hard hit in the last six months. We think that they'll get back to their previous earnings levels of 43 cents a share fairly quickly."
Kunze said: "Aspen Pharmacare is my pic, I've been following it just on a pure valuation play. It's trading in single digits, obviously they're in the in the news and the press for the right reasons this time. The good news is that they've got their debt paid down significantly after selling the infant formula business and a few others. I think management are doing exactly what's asked and there is also the good news of them having to manufacture Johnson&Johnson 300 million doses of the vaccine.
du Toit said: "My stock pick tonight is Long4Life. They've obviously had a very difficult trading time during Covid, and it has been very hard hit in the last six months. We think that they'll get back to their previous earnings levels of 43 cents a share fairly quickly."