Stocks for junk times
Scouring for value in a 'junk landscape' is a challenge. There are plenty of long-term bargains right now, as well as some you should probably avoid
In SA’s new junk-status era and political clutter, investors will need their wits about them to salvage long-term returns. In the past fortnight investment prospects have been rubbished. Pravin Gordhan was unceremoniously booted out and the rand oscillated ominously, shedding 12% in a week to hit R13.90 to the US dollar. In effect, politicians have flipped SA’s economy into the trash can — and government appears to be in denial about this fact. But is it really worth investors getting in a funk about junk? This is a peek into Financial Mail's cover story on what you should and should not be investing in while SA is in junk status. If you are already a subscriber, please click on the following link to go to the full article: Picking stocks to see you through the junk era If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here: Subscribe.
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