Market Wrap

Market Wrap - Stock Pick — BidCorp

Kwame Antwi from KOA Capital chose Bid Corp as his stock pick of the day. "In the current environment I'm fairly bearish on the currency, I'm fairly bearish on SA economy. I think we have a lot of headwinds despite the optimism and some of the things that we and…

28 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — BAT

Nesan Nair from Sasfin Securities chose British American Tobacco as his stock pick of the day."Im gonna go with British American Tobacco. I think it was hit hard for a long time, a lot of negative news on pricing and especially on the vaping side but it's good to see…

27 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — AB InBev

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose AB InBev as his stock pick of the day" It's been a year since I looked at Anheuser Busch and it's gone all the way up, and it's come back quite a bit after quite a soft third quarter. I think…

26 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Neslté

Kwame Antwi from KOA Capital chose Nestlé SA as his stock pick of the day. "If you look at the cycle, investors now needs to start positioning their portfolios in a much more defensive fashion and I think Nestlé is one of those businesses. You are gain around 40% revenue…

22 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Alibaba

Caroline Cremen from Adviceworx chose Alibaba as her stock pick of the day. "I know that we've got a bit of a risk appetite in the market right now but I'm going to pick Alibaba, which if you want to loosely translate it is Chinese Amazon, except it is multiples…

21 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Roche

Graeme Franck from PSG Wealth Sandton, Grayston chose Standard Bank Group and Roche as his stock picks of the day "I'm going to one on each side - one local and one international, on the local side we really like Roche, it's the biggest oncology i.e. cancer pharmaceutical player in…

20 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Exxaro

Andile Buthelezi from Sentio Capital chose Exxaro Resources Ltd as his stock pick of the day. "Exarro, I think they're looking quite cheap and by no means am I saying this is the 10 to 15 year call, we know just how much pushback globally co-producing companies are receiving from…

19 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Standard Bank and Roche

Graeme Franck from PSG Wealth Sandton, Grayston chose Standard Bank Group and Roche as his stock picks of the day "I'm going to one on each side - one local and one international, on the local side we really like Roche, it's the biggest oncology i.e. cancer pharmaceutical player in…

18 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Blue Label Telecoms

Robert Cameron from Thebe Stockbroking chose Blue Label Telecoms as his stock pick of the day."My stock pick for today is Blue Label, basically they paid 5,5 bn for a 45% steak which sunk Blue Label from R12 to R2,55 - it's shocking. They were going to get a "get…

15 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Walt Disney

Robert Towell from Sasfin Securities chose Walt Disney Company as his stock pick of the day "So we're still going offshore and we like Walt Disney. They came out with very good numbers last week and they've still got a very good brand. The stock did jump seven percent yesterday…

14 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Shoprite

Nick Kunze from Sanlam Private Wealth chose Shoprite as his stock pick of the day. "I'm going with the retail theme with on the back of Spar, we like Shoprite in that space. We continue to like what they're doing, their margins are still pretty chunky in that area and…

13 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Fedex

Grant Gilburt from Nedbank Private Wealth chose Fedex Corp as his stock pick of the day. "Stock Pick tonight is Fedex, so we are going international tonight and I do think that we are getting closer to some form of trade resolution. Fedex is the world's largest express delivery provider,…

12 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Medtronic

Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose Medtronic as his stock pick of the day. "An off-shore company called Medtronic, where medicine and technology or electronics meet. This is a company with an almost $150bn market cap, they are into all kinds of fancy gadgets like heart valves,…

11 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Cartrack

Nancy Bambo from Momentum chose Cartrack Holdings Ltd as her stock pick of the day "My stock pick today is Cartrack, it is probably not the best stock for institutional investors because of the liquidity. But, it has shown quite resilient growth over the past five years, it's grown 20%…

8 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Absa

Andile Buthelezi from Sentio Capital chose Absa Group Limited as his stock pick of the day. "Absa, I'm going with Absa, the share price has done nothing on a year-to-date basis, it's been down about 12% if you look at where they peaked in January. Generally I think they are…

7 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Naspers and Prosus

Robert Towell from Sasfin Securities chose Naspers and Prosus as his stock picks of the day. "I think on the local market if you wanted to stay local, I think Naspers and Prosus - either of them, have come down initially quite a lot since their split and I think…

6 Nov 2019 1AM 1 min

Market Wrap - Stock Pick — Bristol-Myers Squibb

Steven Schultz from Momentum chose Bristol-Myers Squibb as his stock pick of the day. "My stock pick today is a US-listed bio pharm by the name of Bristol-Myers Squibb. It is a specialist in immune oncology treatments and it's a company that's been around for 80 years so an exceptionally…

5 Nov 2019 1AM 1 min

Market Wrap - Stock Picks — Sibanye Stillwater

Sam Mokorosi from Vunani Capital chose Sibanye Stillwater as his stock pick of the day. "Sibanye, the last time I was here the strike had ended, they were getting back to full production, they'd come up with good numbers this week and we liked them both on a macroeconomic perspective,…

1 Nov 2019 2AM 1 min

Market Wrap - Stock Pick — RMI

Nolwandle Mthombeni from Mergence Investment Managers chose RMI as his stock pick of the day "RMI, so the holding companies have been out of flavour, given that the discount has been opening quite widely but I think at these levels I'm quite happy to get more exposure to Discovery and…

31 Oct 2019 2AM 1 min

Market Wrap - Stock Pick — BidCorp

Imtiaz Suliman from Sentio Capital chose BidCorp as his stock pick of the day. "I'm going with BidCorp, they have a very defensive model whereby they are rolling out food services to smaller food retailers and restaurants. Their margins have also been increasing as they add on new services such…

29 Oct 2019 2AM 1 min