WATCH: Stock picks — Shoprite and Invesco global water ETF
Nesan Nair from Sasfin Securities and Gary Booysen from Rand Swiss talk to Business Day TV
12 January 2021 - 08:03
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.
Nesan Nair from Sasfin Securities chose Shoprite as his stock pick of the day and Gary Booysen from Rand Swiss chose Invesco global water ETF.
Nair said: “I’m going to go with a local stock, a local retailer. You’ve got some quality businesses out there and Shoprite for me is one of those. If we do end up getting a harder lockdown, they will probably benefit because people won’t be able to go to restaurants any longer.”
Booysen said: “I’m going for an internationally listed ETF and it primarily tracks Nasdaq-listed companies. It’s called the Invesco global water ETF and it’s just to play into a theme around clean water and investing in water.”
Nesan Nair from Sasfin Securities and Gary Booysen from Rand Swiss 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 — Shoprite and Invesco global water ETF
Nesan Nair from Sasfin Securities and Gary Booysen from Rand Swiss talk to Business Day TV
Nesan Nair from Sasfin Securities chose Shoprite as his stock pick of the day and Gary Booysen from Rand Swiss chose Invesco global water ETF.
Nair said: “I’m going to go with a local stock, a local retailer. You’ve got some quality businesses out there and Shoprite for me is one of those. If we do end up getting a harder lockdown, they will probably benefit because people won’t be able to go to restaurants any longer.”
Booysen said: “I’m going for an internationally listed ETF and it primarily tracks Nasdaq-listed companies. It’s called the Invesco global water ETF and it’s just to play into a theme around clean water and investing in water.”
Nesan Nair from Sasfin Securities and Gary Booysen from Rand Swiss talk to Business Day TV
Or listen to the full audio:
Subscribe for free episodes: iono.fm | Spotify | Pocket Casts | Player.fm
Loyalty rewards help stretch Covid rand
CHRIS GILMOUR: Cloudy crystal ball for SA’s battered stocks
Over $1-trillion in market cap added to tech sector in 2019
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.