Meryl Pick from Old Mutual Investments and Gary Booysen from Rand Swiss talk to Business Day TV
10 November 2020 - 09:09
byBusiness Day TV
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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.”
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Stock Watch
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
Meryl Pick from Old Mutual Investments chose AB InBev as her stock pick of the day and Gary Booysen from Rand Swiss chose rand-dollar.
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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