Stock Watch - Stock picks — AB Inbev and rand/US dollar

Share:

Listens: 0

Stock Watch

Business


Meryl Pick from Old Mutual Investments chose AB Inbev as her stock pick of the day and Gary Booysen from Rand Swiss chose Rand/USDollar. Pick said: "I'm not a huge beer drinker but I like the look of Anheuser-Busch at these levels for several reasons, they operate in quite a few emerging market territories that will benefit from the dollar that we've seen in the last few days." Booysen said: "My trade for the day is the rand/US dollar. It was incredible to see the move that we've had and was almost directly related to the US elections."