Stock Watch
WATCH: Stock picks — Fortescue Metals Group and Life Healthcare
Devin Shutte from The Robert Group and Meryl Pick from Old Mutual Investments talk to Business Day TV
17 March 2021 - 10:15
Devin Shutte from The Robert Group (https://youtu.be/Fz3GSOUJDbE) chose Fortescue Metals Group as his stock pick of the day and Meryl Pick from Old Mutual Investments (https://youtu.be/Fz3GSOUJDbE) chose Life Healthcare.
Shutte said: “I’m going for an Australian-listed iron or producer, it is risky, a single commodity producer called Fortescue. What I like about it is that it’s an ungeared balance sheet, it’s one of the top-four largest producers globally.”..
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