Stock Watch
WATCH: Stock Picks — Spotify and BAT
Deryck Janse van Rensburg from Anchor Capital and Gerbrand Smit from NeFG Fund Management talk to Business Day TV
19 February 2020 - 10:54
Deryck Janse van Rensburg from Anchor Capital chose Spotify Technology as his stock pick of the day and Gerbrand Smit from NeFG Fund Management chose British American Tobacco (BAT).
Janse van Rensburg said: “I’m going with Spotify overseas, this is obviously a media-based music streaming platform. I think that the service they offer has been sort of subpriced and it’s really to gain market penetration.”..
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