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Taking a look at the day’s business news influencing market moving activity, and forex.An Arena Holdings production.Keywords: money, opportunity, business plan, business ideas, business news, inco... more
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.
June 23, 2021FirstRandMakwe Masilela from Makwe Fund Managers chose Firstrand as his stock pick of the day."FirstRand, yes as much as their PE is higher than that of the index, their dividend yield is better. The economy is doing better than we expected and we've also seen that when it comes to the collection rate. We've seen that the areas have been awakening."...more1minPlay
June 22, 2021ETSYImtiaz Suliman from Sentio Capital chose ETSY as his stock pick of the day."I'm going with Esty, it's a company listed in the US. What they really provide is a marketplace for small businesses, they have 2.7 million businesses listed on their platform and have 65 million items. It's all about driving user engagement to the unique product that the 2.7 million online shops provide on its platform. They make a fee from the listing as well as the marketing fee and then on the payments and shipping of the product. So, as they drive new buyers and getting buyers to spend more it then drives success for its sellers. It's sort of a virtuous cycle that they benefit from"...more2minPlay
June 21, 2021CostcoCaroline Cremen from Adviceworx chose Costco as her stock pick of the day."The company's called Costco, it is an American supermarket chain, if you think a little bit like Makro, there's a big box store you buy in bulk, but this company doesn't make its money on the margins of the good it sells, it makes its money from the memberships and it has a very very loyal membership basis. This is a really solid business they've done really well during Covid and they continue to do well."...more2minPlay
June 17, 2021AfrimatIndependent Analyst Chris Gilmour chose Afrimat as his stock pick of the day."I'm still sticking with one of my good old favourites and that's Afrimat. We're still looking around at iron-ore prices still bobbing around and taking a bit of strain in the last couple of days."...more2minPlay
June 10, 2021MedtronicRob Towell from Sasfin Securities chose Medtronic as his stock pick of the day."So we're going abroad, we still like Medtronic. It's a medical devices company as well as surgical company, so they do hip replacements, knee replacements, heart surgery and cutting edge technology and we think over the next 10 to 15 years the sector is going to be very strong."...more1minPlay
June 08, 2021AVI pick of the dayGraeme Franck from PSG Wealth Sandton Grayston chose AVI as his stock pick of the day."So I'm going to go for AVI, it's a very defensive stock , the share price has been pretty much flat to down over the last year when the market has been up. The PE in turn has come all the way down to 13 times and it's paying a dividend yield of about 7%. So, if you do believe in the SA inc. economic recovery story this is probably a good one."...more1minPlay
June 07, 2021LibstarSentio Capital's Imtiaz Suliman chose Libstar as his stock pick of the day."If you look at Libstar's underlying business, they are quite an innovative company. They produce some of the private label brands for the likes of the Woolies and the Shoprites, Spar and Pick n Pay and that private label business has been growing much faster than the branded side in the retailers lives. So Libstar has exposure to these higher growth markets as well as some of the strong owned brands that they produce. I think if you look at their overall there's a good growth opportunity set that Libstar provides, combined with a very attractive valuation of seven times earnings, multiple a dividend yield of three and a half percent."...more2minPlay
June 03, 2021SalesforceCaroline Cremen from Adviceworx chose Salesforce as her stock pick of the day."It's actually a very good day to buy if you're all at your trading systems, it's a company by the name of Salesforce. It's an enterprise software that provides businesses of cloud solutions, I think I've chatted about them last year. They have a lot of a lot of large clients like Honeywell and 3M and it really has enabled people to work from home."...more2minPlay
June 02, 2021Investec Property FundNesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day."I'm going with Investec Property Fund, given where our interest is at and where the rand is also at. Investec Property Fund has a very defensive SA retail portfolio and we think this is one that will over time continue to deliver growth in the SA retail base and that's predominantly in low and defensive assets."...more2minPlay
June 01, 2021MultichoiceMakwe Masilela from Makwe Fund Managers chose Multichoise as his stock pick of the day."I think I'll go for Multichoice, the fact that we see a stronger rand tells you that whatever content that they're getting overseas, should be cheaper for them."...more1minPlay
FAQs about Market Wrap:How many episodes does Market Wrap have?The podcast currently has 1,627 episodes available.