Robert Cameron from Thebe Stockbroking chose Barloworld as his stock pick of the day. He said the stock is “a bit of a rand hedge”. “This company is involved in heavy machinery and has joint operations with Caterpillar. Geographically they are quite diverse and if you look at the stock technically, it has been in a sideways consolidation range for quite a number of months now and has now started to move out of that range and is expected to accelerate from her.”

OR LISTEN TO THE FULL SHOW HERE:..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now