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The stock picks of the day: Salesforce, Spotify and Standard Bank

20 January 2020 7:59 PM
Tags:
Standard Bank
Spotify
stock pick
salesforce
The pick of the day's crop as chosen by Caroline Cremen, Portfolio Manager, Adviceworx.

What stocks make you tick, we asked Caroline Cremen, Portfolio Manager - Adviceworx.

Salesforce - there is a great growth potential in this industry. The real biggie for me is they've partnered with Alibaba. Enormous growth there. They're not cheap so I would buy into a correction.

Caroline Cremen, Portfolio Manager - Adviceworx

Spotify: It has 96 million paid subscribers. They have a 123 million free users so there's potential to convert those into paid subscribers. There's phenomenal growth in podcasting - they're going to get exclusive content that you cannot get elsewhere. Again, not cheap...

Caroline Cremen, Portfolio Manager - Adviceworx

Standard Bank: Locally we're all a little bit depressed at the moment. Locally one wants to stick to blue chips...

Caroline Cremen, Portfolio Manager - Adviceworx
A speaker with the Spotify logo is pictured in the cafeteria of the company headquarters in Stockholm. Picture: AFP

Listen to the entire list of picks and reasons to look out for them, below.

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This article first appeared on 702 : The stock picks of the day: Salesforce, Spotify and Standard Bank


20 January 2020 7:59 PM
Tags:
Standard Bank
Spotify
stock pick
salesforce

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