Stock Watch

Royal Dutch Shell and Multichoice


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Nick Crail from Ashburton Investments chose Royal Dutch Shell as his stock pick of the day and Ricus Reeders from PSG Wealth Sandton chose Multichoice.
Crail said: "My stock pick for this evening is Royal Dutch Shell, it's a shortlisted company and yes oil is bad for the environment but certainly I think there's a lot of up-side in the share price."
Reeders said: "My pick is Multichoice, which is strange but a huge market in Nigeria and therefore they have good consumer growth there. That whole sector is in play as we've just seen with the buyout of MTN yesterday so there's a consolidation in media and streaming. Multichoice has the advantage that it's satellite in Africa."
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