WATCH: Stock picks — Comair and Barloworld
Alex Duys from Umthombo Wealth chose Comair as his stock pick of the day, while Joseph Busha from JM Busha Investments chose Barloworld.
Duys said Comair is investing quite heavily in the non-airline businesses such as pilot training and the slow lounges at airports. “These have much higher margins than the airline business and are much less volatile. Over time, this will lead to a gradual re-rating of the stock.”
Busha said investors in Barloworld should get “at least a 20%-25% to the upside as the momentum is there. So, if you are looking for good momentum in an SA Inc company, Barloworld is definitely a good option.”
Alex Duys from Umthombo Wealth and Joseph Busha from JM Busha Investments talk to Business Day TV
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