WATCH: Stock picks — BHP Group and Alibaba
Ricus Reeders from PSG Wealth Sandton and Nick Crail from Ashburton Investments talk to Business Day TV
Ricus Reeders from PSG Wealth Sandton chose BHP Group as his stock pick of the day and Nick Crail from Ashburton Investments chose Alibaba.
Reeders said: “BHP Group as a company has a strong balance sheet and is well geographically diversified.”
Crail said: “I think after the recent rally and SA Inc shares I would say towards fair value, specifically across the consumer stocks, looking around for where there is value in the globe at the moment and I do believe it’s in China.”