Stock Watch
WATCH: Stock picks — AngloGold Ashanti and Naspers
Wayne McCurrie from FNB Wealth and Nesan Nair from Sasfin Securities talk to Business Day TV
21 January 2021 - 08:50
Wayne McCurrie from FNB Wealth (https://youtu.be/h_ROCzU6wMs) chose AngloGold Ashanti as his stock pick of the day and Nesan Nair from Sasfin Securities chose Naspers.
McCurrie said: “I’m going for AngloGold, I think it’s the first time I’ve ever punted a gold share, I know the share prices are still high relative to the underlying gold price. They have come off quite significantly since the peak in the middle of last year but I think there’s rising inflation and higher interest rates coming through the system.” ..
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