WATCH: Stock picks — Prosus and Standard Bank
Nick Crail from Ashburton Investments and Mia Kruger from Kruger International talk to Business Day TV
Nick Crail from Ashburton Investments chose Prosus as his stock pick of the day and Mia Kruger from Kruger International chose Standard Bank.
Crail said: “My stock pick is Prosus, this is the unbundling and new listing of Naspers and the core international assets out of Naspers. I think if we look at where it is listed and how it traded on its first day, it went relatively south from there.”
Kruger said: “I would like to pick Standard Bank tonight, I think our financial companies, especially our banks are in quite a good state, and for me from an investment side, the investment case around it is looking at the dividend yield”
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