WATCH: Stock picks — AB InBev and rand-dollar
Meryl Pick from Old Mutual Investments and Gary Booysen from Rand Swiss talk to Business Day TV
Pick said: “I’m not a huge beer drinker, but I like the look of Anheuser-Busch at these levels for several reasons — they operate in quite a few emerging-market territories that will benefit from the dollar that we’ve seen in the past few days.”
Booysen said: “My trade for the day is the rand-US dollar. It was incredible to see the move that we’ve had and was almost directly related to the US elections.”
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