WATCH: Stock picks — AB InBev and Sasol
Drikus Combrinck from Capicraft chose AB InBev and Gerbrand Smit from N-e-F-G Fund Managers talk to Business Day TV
Drikus Combrinck from Capicraft chose AB InBev as his stock pick of the day and Gerbrand Smit from N-e-F-G Fund Managers chose Sasol.
Combrinck said: “AB InBev with disappointing third-quarter results, still on a nine-month basis it’s not too bad. They have had volume problems in some of the key markets but the premium brands are still growing at fairly strong numbers.”
Smit said: “I just think that long-term wise it’s a nice entry point on a price to book ratio which is the right way of looking at some of these companies.”
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