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:..
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.