Sanlam Private Wealth’s Nick Kunze talks to Business Day TV about his stock pick of the day
06 July 2021 - 08:09
byBusiness Day TV
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“My stock pick for this evening, I did pick it last week — so sorry to be boring, but AngloGold Ashanti once again. The same as we said last time, single digit PEs [price-earnings ratio], gold all of a sudden is getting a little bit of interest back up towards that double O level again and it is something to park your cash in, in this tug of war in uncertain times. I think that’s good value.”
Sanlam Private Wealth’s Nick Kunze talks to Business Day TV about his stock pick of the day
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Stock pick — AngloGold
Sanlam Private Wealth’s Nick Kunze talks to Business Day TV about his stock pick of the day
Sanlam Private Wealth's Nick Kunze chose AngloGold as his stock pick of the day.
“My stock pick for this evening, I did pick it last week — so sorry to be boring, but AngloGold Ashanti once again. The same as we said last time, single digit PEs [price-earnings ratio], gold all of a sudden is getting a little bit of interest back up towards that double O level again and it is something to park your cash in, in this tug of war in uncertain times. I think that’s good value.”
Sanlam Private Wealth’s Nick Kunze talks to Business Day TV about his stock pick of the day
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WATCH: Stock picks — AngloGold Ashanti and Standard Bank
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