Market Wrap

Market Wrap - Stock pick — Apple

Nesan Nair from Sasfin Securities chose Apple as his stock pick of the day. "Stock pick is still a US stock, I still like the tech stuff, so I thought apples numbers were unbelievable, they have a very good upside surprise and there as well as Microsoft, but I'm going…

30 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Sibanye Gold

Nolwandle Mthombeni from Mergence Investment Managers chose Sibanye Gold Limited as his stock pick of the day. "With the uncertainty I'd rather just stick with Sibanya. I know there's been a lot of running in terms of the PGMs but this corona virus introduced a new uncertainty in the market…

29 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Life Healthcare

Imtiaz Suliman from Sentio Capital chose Life Healthcare as his stock pick of the day. "I'm going with Life Healthcare, I think they've got a very strong model and they've moved into imaging which is the PET scans, bringing the expertise from their alliance medical operation from the UK and…

28 Jan 2020 1AM 1 min

Market Wrap - Stock pick — Naspers

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day. "Today I'm going for Naspers, just last week they announced that they're selling a portion or 22 million Prosus shares, and that was at €67,50 on Monday the price is at €65. It raised…

27 Jan 2020 1AM 1 min

Market Wrap - Stock pick — Alibaba

Martin Smith from Anchor Capital chose Alibaba as his stock pick of the day. “My stock pick and what I've done over the course of the last couple months is got offshore. I think with the rand being a bit stronger, given the carry trade that's happened I think I…

24 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — US Tech Stocks

Robert Towell from Sasfin Securities chose US Tech Stocks as his stock pick of the day. "I think it is very difficult in South Africa to find a stock pick right now, especially with the budget coming and the possible downgrade. So we're still looking offshore at the moment, we…

22 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — FirstRand

Steven Schultz from Momentum chose Firstrand as his stock pick of the day. "Stock pick this evening is FirstRand, I suppose its operating in a very challenging environment but, they have a pretty strong balance sheet at present. It's trading at the bottom of its two-year trading range, the thesis…

21 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — FTSE Protocol

Viv Govender from Rand Swiss Offshore chose US Dollar FTSE Protocol as his stock pick of the day. "It's a structure product and is based on the US FTSE 100. It's an auto-call and that if the FTSE is flat or positive in year two and every year there after…

20 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Netcare

Nick Kunze from Sanlam Private Wealth chose Netcare as his stock pick of the day. "We've been looking at a couple of local stocks, in the last couple of years it has worked to be offshore. We're a little bit more optimistic and looking at SA stock to focus on…

15 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — cash

Caroline Cremen from Adviceworx chose cash as her stock pick of the day “I'm relatively insecure about South Africa at this point and I also see that oversees things are probably a little bit overbought. So, my stock pick is going to be cash, but US dollar cash if you…

14 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Ulta Beauty

Imtiaz Suliman from Sentio Capital chose Ulta Beauty Inc as his stock pick of the day. "I'm going with Ulta Beauty Inc. It's a US listed retail company. They are sort of a mix between a Sorbet and a Dischem in whereby they do facials for men and they've got…

13 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Anglo American

Sam Mokorosi from Vunani Capital chose Anglo American as his stock pick of the day. "In the last year we were very positive on precious metals. Gold for the geopolitical kind of angst that we're seeing and that continues. Platinum because of the use in cars and more on the…

10 Jan 2020 1AM 1 min

Market Wrap - Stock Pick — Richemont

Imtiaz Suliman from Sentio Capital chose Richemont as his stock pick of the day. "I'm going with Richemont, we've seen that Richemont has come back following the latest result in November. But I think on the back of strong global markets going forward, the sort of dampening down of the…

12 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Nepi Rockcastle

Grant Gilburt from Nedbank Private Wealth chose Nepi Rockcastle as his stock pick of the day. "So given the elevated international equity markets, my concerns are on the local economy and I'm going for Nepi Rockcastle. A retail REIT, focused predominantly Romania and Poland. It's giving you a 7.5% in…

10 Dec 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Old Mutual

Steven Schultz from Momentum chose Standard Bank and Old Mutual as his stock picks for the day. "My stock pick this evening, if you can ignore your generator for a moment and take a bit of a positive view on South Africa and the two stock picks are Standard Bank…

9 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — TFG

Andile Buthelezi from Sentio Capital chose The Foschini Group as his stock pick of the day. "I'm going with TFG today, look the South African macro environment is tough and it is probably not going to improve anytime soon going into 2020. TFG is probably being painted with the same…

5 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Offshore

Viv Govender from Rand Swiss Offshore suggests that one should use their offshore allowance before the year ends. "I remain adamant that you need to use your offshore allowance before the 31st of December. We're going to have a very turbulent 2020 and if you basically stuck with the allowance…

4 Dec 2019 1AM 1 min

Market Wrap - Stock Picks — Amazon and Alphabet

Robert Towell from Sasfin Securities chose Amazon and Alphabet Inc as his stock picks of the day. "I think the markets are quite turbulent at the moment and I think you're starting to see a very big sell-off in and on the tech side and I'll take a look at…

3 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — Prosus

Graeme Franck from PSG Wealth Sandton Grayston chose Prosus as his stock pick of the day. "I'm going to go for Prosus, remember they listed just a couple of months ago and the listing price was a capital gains tax event so they had to crystallize a price and that…

2 Dec 2019 1AM 1 min

Market Wrap - Stock Pick — AB InBev

Independent Analyst, Liston Meintjes chose AB InBev as his stock pick of the day. "I'm staying with AB InBev, and one of the reasons is that they haven't been performing well for quite some time, but you know I do believe people drink beer and I do think that they…

29 Nov 2019 1AM 1 min