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Graeme Franck from PSG Wealth Sandton chose Standard Bank Group as his stock pick of the day.
“Standard Bank is down 7% on the back of last week’s load-shedding and worries of the economy, so it is trading on price-earnings ratio of nine times, single digit, and has a dividend yield of 5%-5.5%. Should we have a half decent election, some of these SA Inc companies should do very well.”
Graeme Franck from PSG Wealth Sandton talks to Business Day TV about Standard Bank, his stock pick of the day
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Market Analysis
WATCH: Stock pick — Standard Bank
Graeme Franck from PSG Wealth Sandton chose Standard Bank Group as his stock pick of the day.
“Standard Bank is down 7% on the back of last week’s load-shedding and worries of the economy, so it is trading on price-earnings ratio of nine times, single digit, and has a dividend yield of 5%-5.5%. Should we have a half decent election, some of these SA Inc companies should do very well.”
Graeme Franck from PSG Wealth Sandton talks to Business Day TV about Standard Bank, his stock pick of the day
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