06 November 2019 1 Min Read
Stock Watch
WATCH: Stock picks — BHP Group and Alibaba
Ricus Reeders from PSG Wealth Sandton and Nick Crail from Ashburton Investments talk to Business Day TV
in Markets
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Ricus Reeders from PSG Wealth Sandton chose BHP Group as his stock pick of the day and Nick Crail from Ashburton Investments chose Alibaba.
Reeders said: “BHP Group as a company has a strong balance sheet and is well geographically diversified.”
Crail said: “I think after the recent rally and SA Inc shares I would say towards fair value, specifically across the consumer stocks, looking around for where there is value in the globe at the moment and I do believe it’s in China.”
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