Daily Stock Pick
WATCH: Stock picks – Aspen and DRD Gold
Graeme Korner from Korner Perspective chose Aspen as his stock pick of the day.
He says that if the ANC elective conference does not end the way the market wants, the rand will be sold off quite aggressively and Aspen would be a natural beneficiary of that.
The company has transformed itself quite, with the share price coming back, and this could possibly be in part because the rand fought back.
Aspen is a good business built and is in a few niches
Technical analyst Frans de Klerk chose DRD Gold. He believes that, with more political developments in the US, gold will rally and the rand could weaken.
Graeme Korner from Korner Perspective talks to Business Day TV about Aspen, while Technical analyst Frans de Klerk discusses DRD Gold
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