MarketsPREMIUM

WATCH: Stock picks — cash and gold

Alex Duys from Umthombo Wealth and Drikus Combrinck from Capicraft talk to Business Day TV

Picture: 123RF/RONNARONG THANUTHATTAPHONG
Picture: 123RF/RONNARONG THANUTHATTAPHONG

Alex Duys from Umthombo Wealth chose cash as his stock pick of the day and Drikus Combrinck from Capicraft chose gold.

Duys said: “I’m actually quite conservative at this stage and, as a result, I actually think the basic approach would be to be in cash at this time.”

Combrinck said: “Since middle March we’ve been all in and slightly lowering our exposure and we’ve been buying gold.”

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