Stock Watch

Stock Watch - Stock picks — BAT and Shoprite


Listen Later

Ricus Reeders from PSG Wealth Sandton chose British American Tobacco as his stock pick of the day and Deryck Janse van Rensburg from Anchor chose Shoprite
Reeders said: "British American Tobacco, I think it's resilient, I think where I was previously very negative my view on that has changed. This is because there's been a fundamental change in how the world operates and how it will operate afterwards so at least for the next year or two years I think they are reasonably protected as far as tobacco is concerned, the consumption of that and also change consumer behaviour."
Janse van Rensburg said: "I'm going to play in the retail space and pick Shoprite, this is certainly my preferred pick at this stage. I think just looking long-term of 3-5 years it's certainly traded at much higher multiples than where it is now. If we are able to navigate our way through the corona virus pandemic from a local perspective I think this is a stock that will lead us out of the bear market that we've been in at the moment. So really it's a 3-5 year view, I'm happy to R11 a share and stick it in the portfolio and just be patient."
...more
View all episodesView all episodes
Download on the App Store

Stock WatchBy Business Day TV

  • 2
  • 2
  • 2
  • 2
  • 2

2

1 ratings


More shows like Stock Watch

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,674 Listeners

Global News Podcast by BBC World Service

Global News Podcast

7,913 Listeners

Motley Fool Hidden Gems Investing by The Motley Fool

Motley Fool Hidden Gems Investing

3,228 Listeners

WorldWide Markets with Simon Brown by JustOneLap.com

WorldWide Markets with Simon Brown

20 Listeners

The Money Show by Radio 702

The Money Show

34 Listeners

The Daily by The New York Times

The Daily

113,121 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,876 Listeners

The Gareth Cliff Show by The Gareth Cliff Show

The Gareth Cliff Show

70 Listeners

BizNews Radio by BizNews

BizNews Radio

16 Listeners

MoneywebNOW by Moneyweb Radio

MoneywebNOW

10 Listeners

Stock Market Today With IBD by Investor's Business Daily

Stock Market Today With IBD

53 Listeners