WATCH: Stock pick — BAT
Andile Buthelezi from Sentio Capital talks to Business Day TV about his stock pick of the day
Andile Buthelezi from Sentio Capital chose British American Tobacco (BAT) as his stock pick of the day.
"I'm going for BAT. In the short term, they do, of course, face the challenge of having cigarette sales banned in some of the countries that they're operating in, including SA. But we do think i’'s a short-term challenge as cigarette sales bans will eventually be lifted.
“The weakness in the share price over the last few weeks has probably given an opportunity to buy into a stock such as BAT.”
Or listen to the full audio:
Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.
Please read our Comment Policy before commenting.