Market Analysis
WATCH: Stock picks — Alibaba and LVMH
Martin Smith from Anchor Capital and David Shapiro from Sasfin Securities talk to Business Day TV
12 April 2021 - 09:23
Martin Smith from Anchor Capital (https://youtu.be/iVn4RKPGO1Q) chose Alibaba as his stock pick of the day and David Shapiro from Sasfin Securities (https://youtu.be/iVn4RKPGO1Q) is looking at luxury stocks such as LVMH.
Smith said: “I’ve gone back and forward a little bit on this one but I think I’m going to say Alibaba. They are still looking incredibly cheap and it’s going to be a bit volatile, but I think there are going to be a couple of bumps along the way and I think it offers great value at these levels.”..
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