WATCH: Stock picks — Match Group and Trencor
Jean Pierre Verster from Protea Capital Management and Drikus Combrinck from Capicraft talk to Business Day TV
Jean Pierre Verster from Protea Capital Management chose Match Group as his stock pick of the day and Drikus Combrinck from Capicraft chose Trencor.
Verster said: “My pick is Match Group, they own Tinder and I think the lockdown has shown us that people want human connection. The company is increasingly adding more features and they charge if you want more features.”
Combrinck said: “My stock is basically a cash shell called Trencor. Trencor owned Textainer, which has been unbundled, the last bit has been sold and the dividend has been paid out.”
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