WATCH: Stock picks — Super Group and Raytheon
Jonathan Fisher from PSG Wealth Sandton and Drikus Combrinck talk to Business Day TV
Jonathan Fisher from PSG Wealth Sandton chose Super Group as his stock pick of the day and Drikus Combrinck from Capicraft chose Raytheon.
Fisher said: “Super Group has done well, over the last year the share has actually come down. It is a transport logistics company, also with dealerships in SA, Australia, Europe and the UK. 50% of the business is South African the other 50% is offshore and they’ve done well recently.”
Combrinck said: “Raytheon is one of the four big defence companies that we’ve had in our portfolio for about four years. It has pulled back from its highs and I think it provides a bit of an entry at these levels.”
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