STOCK WATCH
WATCH: Stock picks — Sibanye-Stillwater and MTN
Alex Duys from Umthombo Wealth and Nesan Nair from Sasfin Securities talk to Business Day TV
15 June 2021 - 09:32
Alex Duys from Umthombo Wealth (https://youtu.be/ulk-fVOyFJY) chose Sibanye-Stillwater as his stock pick of the day and Nesan Nair from Sasfin Securities (https://youtu.be/ulk-fVOyFJY) chose MTN.
Duys said: “I’m of the opinion that the recent sell-off seen in the PGM [platinum group metal] and a gold space is a bit over done. I’m not yet convinced we’ve seen the extent of the rally in these prices and if you do see PGM prices or gold prices holding these levels it’s quite a sizeable upside, and the one I’m picking tonight is Sibanye[-Stillwater].”..
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