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3 shares that’ll grow your wealth if you buy them now (by Purple Group)

(Click here for more stock picks and other personal finance articles.)

The Money Show’s Bruce Whitfield interviewed Purple Group Portfolio Manager Mpho Maile.

Maile suggests investing in the following three companies:

  • JSE

  • Calgro M3

  • Holdsport

Scroll down for quotes from the audio below.

The JSE has a diverse income stream.

Mpho Maile, Purple Group Portfolio Manager

The JSE is a fixed cost business.

Mpho Maile, Purple Group Portfolio Manager

The JSE has been a monopoly for some time.

Mpho Maile, Purple Group Portfolio Manager

The new stock market won’t materially impact on the JSE.

Mpho Maile, Purple Group Portfolio Manager

Calgro M3 is doing spectacularly!

Mpho Maile, Purple Group Portfolio Manager

Calgro M3 is diversifying its income stream into memorial parks.

Mpho Maile, Purple Group Portfolio Manager

Calgro M3 is a good business with a favourable price.

Mpho Maile, Purple Group Portfolio Manager

Holdsport is benefiting from the growing popularity of outdoor sport and the outdoor lifestyle.

Mpho Maile, Purple Group Portfolio Manager

Holdsport is trading at a very low P/E of 10 with a dividend yield of about 4%.

Mpho Maile, Purple Group Portfolio Manager

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This article first appeared on 702 : 3 shares that’ll grow your wealth if you buy them now (by Purple Group)


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