Nesan Nair from Sasfin chose Nvidia Corporation as his stock pick of the day and Bright Khumalo from Vestact chose Naspers. Nvidia is a semiconductor manufacturer that make video cards that go into computers. Nair said he did a lot of shopping over Black Friday and Cyber Monday and became aware of the pricing power of companies that actually make the specialised components inside laptops. “If you go from a 10GB CPU to a 12BB CPU, you’re not paying 20% more, you’re paying three times the price. It is a very different pricing model to what we are used to in the normal unit pricing model that most companies work on and this is a world leader. There’s no competition from the East and is very technologically based.” Khumalo said Naspers is a cheap entry to Tencent. “Believing that the worst is over with Tencent, even though they still have those games halted. The company recently reached over 200-million players at any given time, which is just mind boggling. Everyone was saying this is ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.