WATCH: Stock pick — Growthpoint
Steven Schultz from Momentum chose Growthpoint as his stock pick of the day.
“Growthpoint is an absolute blue chip in that space, with a market cap of R76bn. It is going through a bit of a transformation exercise, as they are diversifying offshore at the moment — although still largely about 70% of assets are SA-based. It is a positive statement on the state of the SA economy.”
Steven Schultz from Momentum talks to Business Day TV about his stock pick of the day
Or listen to the full audio: