Market Wrap

Market Wrap - Stock pick — Alphabet

Graeme Franck from PSG Wealth Sandton Grayston chose Alphabet as his stock pick of the day. "I think right now balance sheet and quality is absolutely key so on that note just go for all the good quality stuff offshore. We still like Google/Alphabet, everyone's spending more time on their…

14 Apr 2020 2AM 1 min

Market Wrap - Stock pick — FirstRand

Andile Buthelezi from Sentio Capital chose FirstRand as his stock pick of the day. "I'm going to go for FirstRand, on a year-to-date basis our banks have been hurt quite a bit and it's creating a bit of an opportunity in terms of a decent entry point. I think in…

8 Apr 2020 2AM 1 min

Market Wrap - Stock pick — cash

Caroline Cremen from Adviceworx chose cash as her stock pick of the day. "It's going to be cash. In the past I would have said find a dividend producing asset like a bank but as we've discussed, no dividends are safe at this point in time."

7 Apr 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 I'm going to go for Nasper tonight they, just released a statement this evening pointing out that they've completed a share buyback program so some investors will remember that they sold about 2% of…

6 Apr 2020 2AM 1 min

Market Wrap - Stock pick - structured products

Viv Govender from Rand Swiss Offshore chose a structured product in dollar and euros as his stock pick of the day "I'm going for a structured product, in the US and the UK, it gives you 20% in dollars if the market stays flat every quarter so it's a nice…

2 Apr 2020 2AM 1 min

Market Wrap - Stock pick — Investec Property Fund

Nesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day. "We're looking for defensive opportunities for post Covid and I think in the short term companies with a strong balance sheet and good cash flow will probably hold their value. Investec Property Fund is one…

1 Apr 2020 2AM 1 min

Market Wrap - Stock pick — JSE

Nolwandle Mthombeni from Mergence Investment Managers chose JSE as her stock pick of the day. "I think there's only one company I have seen today that actually benefitted from the volatility in the market and that's the JSE. I think this is the break they needed and we're seeing value…

31 Mar 2020 2AM 1 min

Market Wrap - Stock picks — Gold ETF, FAANG ETF and Nasdaq ETF

Sam Mokorosi from Vunani Capital chose Gold ETF as his stock pick of the day and David Shapiro from Sasfin Securities chose FAANG ETF and Nasdaq ETF Mokorosi said: "If I could for an ETF I would probably go for a Gold ETF just because you have the dual hedge;…

30 Mar 2020 2AM 1 min

Market Wrap - Stock pick — cash

Kwame Antwi from KOA Capital chose cash as his stock pick of the day. "The advice is simple, if you have cash, stay in cash. There will be an opportunity for you to buy what you need to buy and if you're in the markets I guess you are in…

25 Mar 2020 2AM 1 min

Market Wrap - Stock picks — cash and Anglo American

Steven Schultz from Momentum chose short term cash and long term Anglo American as his stock picks of the day. "I'm going short-term cash, a bit of a cop-out I know but I will go bold long-term Anglo American. I think Anglo American is a quality company, diversified miner with…

24 Mar 2020 2AM 1 min

Market Wrap - Stock pick — cash

Makwe Masilela from Makwe Fund Managers chose cash as his stock pick of the day. "I'm still sticking with cash, cash is safe for now, it's as simple as that."​

23 Mar 2020 2AM 1 min

Market Wrap - Stock pick — SA Government Bonds

Nesan Nair from Sasfin Securities chose Government Bonds as his stock pick of the day. "What I would buy and what is looking really attractive are the R186 medium-term Government bonds. When the bond yields spike up and the market achieves some sort of comfort the bond yields tend to…

20 Mar 2020 2AM 1 min

Market Wrap - Stock pick — Adidas

Imtiaz Suliman from Sentio Capital chose Adidas as his stock pick of the day. "I'm going to be brave and go with a global consumer company - Adidas. The share price has come under quite considerable pressure in the last few weeks, down 45%. I think they still have a…

19 Mar 2020 2AM 1 min

Market Wrap - Stock pick — Various stock options

Graeme Franck from PSG Wealth Sandton Grayston had no stock pick for the day but did offer some advice on various other options. "You can pick anything really at the moment if you feel confident. I think a few things to remember though, something like Tencent and Naspers I don't…

18 Mar 2020 2AM 1 min

Stock pick — Sygnia 4th Industrial Revolution ETF

Caroline Cremen from Adviceworx chose the Fourth Industrial Revolution Etf as her stock pick of the day. "I think this is one of the points in time when I say this is where you can actually look at technical analysts as a way to actually time your purchase. When you…

17 Mar 2020 2AM 1 min

Market Wrap - Stock pick — Kumba Iron Ore

Andile Buthelezi from Sentio Capital chose Kumba Iron Ore as his stock pick of the day. "Iron Ore has been decimated of with the Coronavirus outbreak, largely because China is a large player in the iron ore space but I'm encouraged by the fact that that new case virus growth…

13 Mar 2020 2AM 1 min

Market Wrap - Stock pick — Visa

Nesan Nair from Sasfin Securities chose Visa Inc as his stock pick of the day. "I'm going to go with a US stock and that is Visa. It's heavily sold off but still a wonderful business with a great potential future cash flow growth, just because of the sector and…

12 Mar 2020 2AM 1 min

Market Wrap - Stock pick — Prosus

Sam Mokorosi from Vunani Capital chose Prosus as his stock pick of the day. "We like Prosus, we've seen a lot of reaction yesterday specifically across the global markets and Prosus wasn't spared and so we think that the reaction is overdone we think that Tencent actually is going to…

11 Mar 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 tonight is going to be Naspers, the rand is blown out and Naspers is a rand hedge, it trades at the widest discount that I think I've observed in many many…

9 Mar 2020 2AM 1 min

Market Wrap - Stock pick — Disney

Martin Smith from Anchor Capital chose Disney as his stock pick of the day. "Something for me is Disney at a 21 times forward multiple. Historically I think that it looks quite cheap, the business is growing kind of mid-teens, good management team in place and also the Disney Plus…

9 Mar 2020 1AM 1 min