Market Analysis
WATCH: Stock pick — Fortress
Steven Schultz from Momentum talks to Business Day TV about his stock pick of the day
14 August 2019 - 10:57
Steven Schultz from Momentum chose Fortress as his stock pick of the day.
“I’m going to bet on SA as an economy and, by extension, a listed property called Fortress. It obviously operates in a severely depressed economy, which has taken its toll on the share price as have allegations of market manipulation and accounting irregularities. They have, of course, been cleared by the Financial Sector Conduct Authority of any wrongdoing as well as an audit by the PwC.”..
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.