WATCH: Stock picks — Massmart and Remgro
Alex Duys from Umthombo Wealth and Graeme Körner from Körner Perspective talk to Business Day TV
Alex Duys from Umthombo Wealth chose Massmart Holdings as his stock pick of the day and Graeme Körner from Körner Perspective chose Remgro.
Duys said: “I’m going to go for Massmart ... obviously it has gone through a lot of issues over the past few years, but I think there is lots of optionality in the business, self-help type of story.”
Körner said: “I’m going cowardly, I’m going to go with Remgro because I think what you’ve probably got is downside protection.”
Or listen to the full audio: