Stock Watch - Stock picks — Afrimat and Gladstone Land REIT
--:--
Deryck Janse van Rensburg Anchor chose Afrimat as his stock pick of the day and Drikus Combrinck from Capicraft chose Gladstone Land REIT
Janse van Rensburg said: "My stock pick tonight is Afromat, I think as you mentioned earlier in the show iron-ore prices and where it is at the moment is very supportive, the stock is looking very cheap and I back management as they've executed extremely well over the last three to five years. I also see some upside in the share price."
Combrinck said: "My stock is called Gladstone Land Corporation, it's one of only two REITS in the US that buys farmland and only farmland. Obviously bullish agricultural commodities and they've done well."
Janse van Rensburg said: "My stock pick tonight is Afromat, I think as you mentioned earlier in the show iron-ore prices and where it is at the moment is very supportive, the stock is looking very cheap and I back management as they've executed extremely well over the last three to five years. I also see some upside in the share price."
Combrinck said: "My stock is called Gladstone Land Corporation, it's one of only two REITS in the US that buys farmland and only farmland. Obviously bullish agricultural commodities and they've done well."