WATCH: Stock picks — Peabody Energy and Discovery
Drikus Combrinck from Capicraft and Graeme Körner from Körner Perspective talk to Business Day TV
Drikus Combrinck from Capicraft chose Peabody Energy as his stock pick of the day and Graeme Körner from Körner Perspective chose Discovery.
Combrinck said: “I’m looking at stuff that’s more cyclical that’s hated, there is little out there that’s hated as much as coal. There is a company in North America called Peabody.... It was a fairly large company.”
Körner said: “One of the winners today was Discovery. It was up today but it’s been hit really hard. I think a combination of NHI [National Health Insurance] and SA Inc financial services.”
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