WATCH: Stock picks — City Lodge and cash
Independent analyst Chris Gilmour and Nesan Nair from Sasfin Securities talk to Business Day TV
Gilmour said: “I’m going to go with a real punt a real far left field one — City Lodge. This thing was priced for failure up until fairly recently and I think the tourists are starting to come back.”
Nair said: “What I’m going to do is I’m going to go with a very sort of short-term tactical play. I think we’re going to see a mild correction in markets, so I’m going to sit on cash for a while.”
Nesan Nair from Sasfin Securities and independent analyst Chris Gilmour talk to Business Day TV
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