Market Wrap

Market Wrap - Stock pick — Adcock

Steven Schultz from Momentum chose Adcock Ingram as his stock pick of the day. "My stock is Adcock Ingram, well known for Panado, it currently has about 65% of its revenue from prescriptions and over-the-counter meds and around 25% from hospital drug usage. It's significantly de-rated this year and went…

13 Oct 2020 2AM 1 min

Market Wrap - Stock pick — US Dollar

Caroline Cremen from Adviceworx chose cash as her stock pick of the day. I'm long the US dollar, the US election is going to be in the first week of November and it might even be a disputed election, if there is volatility around the election or after the election,…

12 Oct 2020 2AM 1 min

Market Wrap - Stock picks — cash and global markets

Martin Smith from Anchor Capital chose cash as his stock pick of the day and David Shapiro from Sasfin Securities chose to back global markets recovery. Smith said: "I'm happy to be sitting on a bit of cash. I think volatility is going to continue to be high over the…

9 Oct 2020 2AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day. "I'm keeping with cash, I've been with cash for about a month now and will continue to do so until the elections and the resolution to that so that we can know what the future…

8 Oct 2020 2AM 1 min

Market Wrap - Stock pick - Fairvest Property

Nesi Chetty from Stanlib chose Fairvest Property as his stock pick of the day

7 Oct 2020 2AM 1 min

Market Wrap - Stock pick — AVI

Kwame Antwi from KOA Capital chose AVI as his stock pick of the day. "I'm fairly conservative and one of the companies that I've spoken about before, that seems to be doing very well is AVI. It is a well-managed business, even during the difficult times they've shown the ability…

6 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Netflix

Imtiaz Suliman from Sentio Capital chose Netflix as his stock pick of the day. "I'm going for Netflix, it's a company that was largely born out of the US. Their growth now is in the rest of the world, whereby they have more users outside of the US than in…

5 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Amazon

Sasfin Securities' Robert Towell chose Amazon as his stock pick of the day. "We still like us-tech and I think that you can still buy Amazon and Alibaba, so those are the two stocks that we'll look at."

1 Oct 2020 2AM 1 min

Market Wrap - Stock pick — Netcare

Independent Market Commentator, Nolwandle Mthombeni chose Netcare Pref Shares as her stock pick of the day. Netcare pref shares is my pick and the market is very attractive because you're getting a very good yield. There's no dividends going around, especially if you look at the banks - none of…

30 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Amazon

Caroline Cremen from Adviceworx chose Amazon as her stock pick of the day. "It's a bit odd because Amazon is one of the fangs that is trading almost at an all-time high, however it had to delay its prime day by a few months because it's now announced the date…

29 Sep 2020 2AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day. "I would be looking to hold my cash until the US election in November, it's not that far away and the first debate will tomorrow between Biden and Trump and i do think that it's…

28 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Impala Platinum

Andile Buthelezi from Sentio Capital chose Impala Platinum as his stock pick of the day. "I'm going with Impala Platinum, I think similar to all the other pgm miners this company is generating a lot of cash right now. The pgm basket price has proven to be rather resilient right…

23 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Naspers

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day. "My stock pick is Naspers, the rand has strengthened quite a bit recently. Nasper still trades at its widest discounts around 56% which leaves an investor that's bearish on rand and positive on global…

22 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Sanlam

Caroline Cremen from Adviceworx chose Sanlam as her stock pick of the day. "My stock pick is a boring product by the name of Sanlam which I'm sure everybody is familiar with. This stock has just gone on for decades just out performing the All share, increasing its dividend which…

21 Sep 2020 2AM 1 min

Market Wrap - Stock pick — cash

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day. "I'm going with cash, I think markets are pretty high and we're heading into a point at which we're going get more and more information that's going to be pretty negative."

17 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Northam Platinum

Nick Kunze from Sanlam Private Wealth chose Northam Platinum as his stock pick of the day. I'm sticking with the commodity theme, going for Northam Platinum. I've been liking it for a while and that rhodium price has moved back above ten thousand dollars an ounce and they've got nine…

16 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Inditex

Imtiaz Suliman from Sentio Capital chose Inditex as his stock pick of the day. "I'm going with Inditex, they have a number of brands of which the most well known is Zara. They have a very good model in terms of their fashion procurement and design and their lead times…

15 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Naspers

Graeme Franck from PSG Wealth Sandton Grayston chose Naspers as his stock pick of the day. "It's going to be extremely boring tonight and I'm just going to go for Naspers, for the very simple reason that it's trading on a 40% plus discounts to the underlying Tencent. We have…

14 Sep 2020 2AM 1 min

Market Wrap - Stock picks — US Tech Stocks and Afrimat

David Shapiro from Sasfin Securities chose US Tech Stocks as his stock pick of the day and Independent Analyst Chris Gilmour chose Afrimat. Shapiro said: "I'm still a tech man, these tech companies are still generating massive profits and huge cash. They're increasing the power by using that cash to…

11 Sep 2020 2AM 1 min

Market Wrap - Stock pick — Transaction Capital

Robert Towell from Sasfin Securities chose Transaction Capital as his stock pick of the day. "I'm choosing Transaction Capital, we like the business and their acquisition of WeBuyCars. It has a lot of growth potential for both companies as they can definitely leverage off each other."

10 Sep 2020 2AM 1 min