Also read the following related article:
The Johannesburg Stock Exchange reached an all-time high on 24 April. Since then, however, there hasn’t been much to smile about.
Monday (1 June, 2015) was the 10th consecutive day of losses, the worst run almost two decades.
Are there any good buys left?
We interviewed Cratos Capital Chief Trader Greg Davies and asked him to share his stock picks with us.
Here are, according to Davies, are three stocks that’ll perk up your portfolio:
Listen to the audio (scroll down) for more detail.
Remgro offers very good value at these low levels.— Greg Davies, Cratos Capital
Quantum Foods is a small cap that used to be a division of Pioneer Foods. We think food security is going to be a theme in the market going forward. We expect success from this counter.— Greg Davies, Cratos Capital
We think PPC is in the right space to take advantage of growth in Africa.— Greg Davies, Cratos Capital