Rowan Williams from Nitrogen Fund Managers and Devin Shutte from The Robert Group talk to Business Day TV
20 November 2020 - 08:44
byBusiness Day TV
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.
Rowan Williams from Nitrogen Fund Managers chose Spar as his stock pick of the day and Devin Shutte from The Robert Group chose Vanguard Value exchange traded fund (ETF).
Williams said: “I’m going with Spar, they came out with fantastic results yesterday, and what you’ve seen is they have been a beneficiary of the lockdowns and the pandemic. There’s been a change in consumer behaviour where they’ve moved away from big box supermarkets to neighbourhood convenience.”
Shutte said: “I’m going for US-listed Vanguard Value exchange traded fund, this is a portfolio of large-cap value shares in dollars. They have a lot of exposure into sectors like health care, consumer staples and financials.”
Rowan Williams from Nitrogen Fund Managers and Devin Shutte from The Robert Group talk to Business Day TV
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 — Spar and Vanguard Value ETF
Rowan Williams from Nitrogen Fund Managers and Devin Shutte from The Robert Group talk to Business Day TV
Rowan Williams from Nitrogen Fund Managers chose Spar as his stock pick of the day and Devin Shutte from The Robert Group chose Vanguard Value exchange traded fund (ETF).
Williams said: “I’m going with Spar, they came out with fantastic results yesterday, and what you’ve seen is they have been a beneficiary of the lockdowns and the pandemic. There’s been a change in consumer behaviour where they’ve moved away from big box supermarkets to neighbourhood convenience.”
Shutte said: “I’m going for US-listed Vanguard Value exchange traded fund, this is a portfolio of large-cap value shares in dollars. They have a lot of exposure into sectors like health care, consumer staples and financials.”
Rowan Williams from Nitrogen Fund Managers and Devin Shutte from The Robert Group talk to Business Day TV
WATCH: How lockdown affected Spar
Spar shares rise most since listing on revenue growth
Joe Biden’s pick for the US treasury faces historic challenges
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.