Stockpicks
Caroline Cremen from Adviceworx chose Johnson & Johnson
● “I’m going to pick a dividend aristocrat, Johnson & Johnson. Now it is in the news mainly because of the vaccine roll-out … This vaccine is relatively good, it only requires one dose, it is easy to transport, it’s easy to store, they have a footprint in developing markets and this is still a quality company. It’s not a vaccine story, it has multi brands, multi territories, a pharmaceutical division growing at 25% every year and also the thing that’s going to actually pull this company up in 2021 I believe is their medical devices segment.”
Nesan Nair from Sasfin Securities chose PPC
● “I’m going with PPC. I don’t think you can ignore the huge rally in the share price that we’ve seen and then, with Cashbuild’s results, people are spending a lot of money on home improvement and they must be buying the cement from somewhere. So I suppose one has to take the likes of PPC [and] ArcelorMittal at some point in time, as shares that are offering value.”
Jean Pierre Verster from Protea Capital Management chose Evolution Gaming
● “I’m looking at an offshore company again, called Evolution Gaming. It is listed in Sweden but operations [are] actually mostly on the island of Malta and they are a leading provider of interactive gambling solutions. So these days instead of going to the casino, people are spinning their roulette wheel or playing cards via their phones or computer or even at a kiosk, but it’s all via the internet linked by big screens to a company like Evolution Gaming, which is in a very good tax jurisdiction for these types of operations and they now have more than 200 casino operators around the world.”
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