Market Wrap

Market Wrap - Stock Pick — oil

Viv Govender from Rand Swiss Offshore chose to go long oil as his stock option for the day. "I'm still maintaining the oil long as my stock pick, I do think that it is one of the things out there at the moment that has a very small downside but…

29 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Amazon

Martin Smith from Anchor Capital chose Amazon as his stock pick of the day. "My pick tonight is Amazon, they recently came out with weak second quarter numbers and it's a good opportunity to buy into some of that weakness."

26 Jul 2019 3AM 7 min

Market Wrap - Stock Pick — Expedia

Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose Expedia as his stock pick of the day "It's an offshore company called Expedia, most people know it, they know the likes of it like booking.com. So these are online travel, reservation, shopping, retail businesses and I think Expedia's done extremely…

25 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Reinet and Sygnia

Bruce Main from Ivy Asset Management chose Reinet and Sygnia as his stock pick of the dayI have chosen Reinet previously and ultimately some of the rump in the asset pool will be listed on the London stock exchange and some value will be released. Locally I am going for…

24 Jul 2019 2AM 8 min

Market Wrap - Stock Pick — Northam Platinum

Independent Analyst, Liston Meintjes chose Northam Platinum as his stock pick of the day. "My pick today is Northam Platinum, now the interesting thing was the story of Implats on Tuesday with their results looking good and Royal Bafokeng saying that they are going to come out with a loss…

23 Jul 2019 2AM 8 min

Market Wrap - Stock Pick — Naspers

Imtiaz Suliman from Sentio Capital chose Naspers as his stock pick of the day I choose Nasper, also one that is going to come under corporate action with their listing of Prosus in Amsterdam. I think that is going to create some value unlock which it is a liquidity event…

22 Jul 2019 2AM 8 min

Market Wrap - Stock Pick — Sasol

I'm joining the group that is looking at this from a contrarian point of view. "I like Sasol, I know it has been under a lot of pressure because they are not able to stick to their budgets in the Lake Charles project. But on a project like that the…

19 Jul 2019 1AM 9 min

Market Wrap - Stock Pick — Mr Price Group

Steven Schultz from Momentum chose Mr Price Group Ltd as his stock pick of the day "So I think sometimes it does pay to swim with the current, and by that measure I'm looking at Mr Price. This retailer has also been hard hit over the past year, it is…

18 Jul 2019 2AM 8 min

Market Wrap - Stock Pick — Shoprite

Graeme Franck from PSG Wealth Sandton chose Shoprite as his stock pick of the day. "So in light of tomorrow, and my expectation for interest rates, I do think that blue chip retailers should rerate in a declining interest rate environment and it just generally better consumer confidence. So, I'm…

17 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Visa

Caroline Cremen from Adviceworx chose Visa Inc as her stock pick of the day."To build the offshore dividend Aristocrats portfolio you should be looking at Visa. Visa doesn't have a very high dividend yield but it has increased its dividend by over 30 percent annually over the past few years…

16 Jul 2019 2AM 8 min

Market Wrap - Stock Pick — Off shore

Robert Towell from Sasfin Securities suggests to look off shore as the rand continues to gain. I think at the moment in South Africa we are going to get a rate cut which will be good for the economy but it puts a bit of strain on the banks so…

15 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Consolidated Infrastructure

Independent Analyst Liston Meintjes chose Consolidated Infrastructure Grp as his stock pick of the day. "I put a small company forward, it's called Consolidated Infrastructure. They had a terrible time as many people will know they went from R12 per share all the way down to R2 a share. This…

12 Jul 2019 2AM 9 min

Market Wrap - Stock Pick — Lerøy Seafood Group

Devin Shutte from The Robert Group chose Lerøy Seafood Group as his stock pick of the day "My stock pick is one that's listed in Norway on the Oslo Stock Exchange, Lerøy Seafood Group. They farm salmon and you cannot think of a better place in the world than the…

11 Jul 2019 3AM 7 min

Market Wrap - Stock Pick — Johnson & Johnson

Caroline Cremen from Adviceworx chose Johnson & Johnson as her stock pick of the day. "If you haven't got your money out the country yet now is a good time to actually do it. The rand is at a fantastic level even though the offshore markets are just very expensive…

10 Jul 2019 12PM 7 min

Market Wrap: Stock Pick — Mondi

Warren Jeffery from Nedbank Private Wealth chose Mondi as his stock pick of the day."So my stock pick of the day is Mondi, it's a global trader with a strong dividend yield of almost 4%. It is also trading on a PE (Price Earnings) of around 10 times. Their global…

9 Jul 2019 12PM 9 min

Market Wrap - Stock Pick — Gold Fields

Sam Mokorosi from Vunani Capital chose Gold Fields as his stock pick of the day. We like Gold Fields, they have good margins, good interest cover, good CEO who's been around for donkey's years and we are quite keen on them at the moment."

5 Jul 2019 2AM 6 min

Market Wrap - Stock Pick — rand

Viv Govender from Rand Swiss Offshore chose to close the long on the rand as his stock option for this week We saw a huge amount of interest coming in from our clients and if so many of our clients think that R14,10 to the dollar is a good time…

4 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Inditex

Imtiaz Suliman from Sentio Capital chose Inditex SA as his stock pick of the day. "My stock pick is Inditex, they are the owner of Zara clothing retailer. They have a very strong supply chain that they can turn on the taps very quickly when they see a product that…

2 Jul 2019 2AM 7 min

Market Wrap - Stock Pick — Investec

Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day. "I like the stock and it's looks like we're going to get the Brexit shenanigans coming to end soon. The stock is trading at R92 per share and is under a 10 PE. We are…

1 Jul 2019 2AM 6 min

Market Wrap - Stock Picks — Northam and Richemont

Liston Meintjes from Nvest Securities chose Northam Platinum Ltd as his stock pick of the day and Maudi Lentsoane, Lehumo Investments chose Richemont Meintjes said: "It's Northam, a platinum miner and I've got to put the disclaimer upfront and that is to say, if you believe in platinum. They certainly…

28 Jun 2019 2AM 10 min