Picture: 123RF/RATTANASIRI INPINTA
Picture: 123RF/RATTANASIRI INPINTA

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

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