WATCH: Stock picks — Boston Scientific and BAT
Deryck Janse van Rensburg from Anchor and Alex Duys from Umthombo Wealth talk to Business Day TV
Janse van Rensburg said: “I’m going to go with Boston Scientific, this is a medical business based in the US. They have a nice spread from a geographical perspective with a majority of it stemming from the US.”
Duys said: “You can now buy British American Tobacco at a big discount. You have a dividend yield in excess of 8% forward which is almost guaranteed for the time being. In general, I believe the company is well positioned, generating good cashflows and will continue to de-gear.”
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