WATCH: Stock picks — cash and Bidcorp
Independent analyst Chris Gilmour and Drikus Combrinck from Capicraft talk to Business Day TV
Independent analyst Chris Gilmour chose cash as his stock pick of the day and Drikus Combrinck from Capicraft chose Bidcorp.
Gilmour said: “As of a couple of weeks ago I’m still sticking with cash, all I see now are rallies and bear markets.”
Combrinck said: “A multinational company called Bidcorp, it’s trading in dollar terms and is 50% down in dollar terms, for good reason as it supplies restaurants and so on. If you are willing to stick it out, they do have a strong balance sheet.”
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