MarketsPREMIUM

WATCH: Stock picks — Massmart and Remgro

Alex Duys from Umthombo Wealth and Graeme Körner from Körner Perspective talk to Business Day TV

Picture: 123RF/THANANIT SUNTIVIRIYANON
Picture: 123RF/THANANIT SUNTIVIRIYANON

Alex Duys from Umthombo Wealth chose Massmart Holdings as his stock pick of the day and Graeme Körner from Körner Perspective chose Remgro.

Duys said: “I’m going to go for Massmart ... obviously it has gone through a lot of issues over the past few years, but I think there is lots of optionality in the business, self-help type of story.”

Körner said: “I’m going cowardly, I’m going to go with Remgro because I think what you’ve probably got is downside protection.”

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