Stock Watch
WATCH: Stock picks — Nintendo and Anglo American
Devin Shutte from The Robert Group and Jonathan Fisher from PSG Wealth Sandton Grayston, talk to Business Day TV
Devin Shutte from The Robert Group (https://youtu.be/dlgeJ3O45hk) chose Nintendo as his stock pick of the day and Jonathan Fisher from PSG Wealth Sandton Grayston (https://youtu.be/dlgeJ3O45hk) chose Anglo American.
Shutte said: "I’m going for Japan-listed Nintendo so, you know this is a company that’s been around for for decades. It is a really strong name and a market leader in console sales in the US for more than two years. It’s switch console has been incredibly well received but the issue has been a lot of the growth has gone into mobile gaming. Nintendo has recently announced a deal with an augmented reality studio called Nanotech to kind of monetise and create these mobile games for iconic characters."..
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