Stock Watch

Aspen and Impala Platinum


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Karl Gevers from Benguela Global Fund Managers chose Aspen as his stock pick of the day and Alex Duys from Umthombo Wealth chose Impala Platinum.
Gevers said: "I'll pick Aspen, the capacity utilization is one of the big stories for Aspen. Returns have declined with acquisitions but from current levels I believe that returns can increase and this vaccine story is already one area where they can fill that capacity that they have."
Duys said: "I was quite encouraged by Anglo American Platinum's results today, obviously it was expected to be good but specifically the special dividend that was announced and money being returned back to shareholders is the key theme."
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