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.”..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now