Daily Market Blog: ParkWho

25-SEP-18

Market Scorecard



Stocks on Friday got a boost from the plan announced by our president on Friday. We are currently light on details, but they should roll in over time, starting with the new visa regulations today. As the president said, we don't have the ability to spend more money, so it is a matter of changing our priorities. I agree, we don't need a government that spends more, only to make our finances more precarious.

There is an economic term called 'crowding out', which is where government spending gets too big and doesn't allow room for the private sector to operate. If you have a choice, the private sector should do more and governments should do less because governments can't help but be inefficient. How much better off would the people of South Africa be if the government increased grants, built houses or improved our roads, instead of wasting money on SAA. As we saw last week from Comair, it is possible to run an airline profitably.

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Stocks which we currently recommend

AdvTech are an African education group.

Alphabet (Google) is the world's biggest online advertising platform.

Amazon.com is the world's leading online retailer.

Amgen is a biotech company focussed on blood and cancer therapies.

Apple is the global leader in tablet and smartphone technology.

Aspen is a rising global star in the pharmaceutical industry.

Booking Holdings is the biggest online travel booking service in the world.

Bidcorp is a foodservices company with operations mostly in Asia and Europe.

Cerner provides IT solutions in the healthcare industry.

City Lodge is a mid-priced hotel group in urban areas of Africa.

Discovery is a technology-driven healthcare administrator and life insurer.

Facebook is the dominant global social media platform.

Famous Brands is SA's largest quick-service restaurant group.

Johnson & Johnson is the world's largest consumer health and pharma company.

JP Morgan is the biggest bank in the USA.

Illumina is the dominant company that makes genetic sequencing machines.

L'Oreal is a world leader in the manufacturing and sale of beauty products.

Long4Life is an investment company targeting the health and wellness sector.

Luxottica is the world's largest branded sunglass maker and retailer.

MTN Group is an emerging markets mobile telecoms giant.

Mediclinic owns hospitals in SA, the UAE, the UK and Switzerland.

Naspers owns digital TV, internet, gaming and ecommerce businesses.

Netflix is a TV & movie content creator & has a global, content streaming network.

Nike is a designer and retailer of running shoes and other sporting equipment.

NVIDIA is the world's leading chip maker for AI, Cars, Datacenters & Gaming.

Richemont owns the finest luxury brands like Cartier and Van Cleef & Arpels.

Starbucks is a roaster and retailer of coffee and fantastic foods.

Stryker makes hip and knee joint replacements and hospital beds.

Tesla is the world leader in electric vehicles and batteries.

Tiger Brands is a basic and branded food producer, expanding through Africa.

Visa is a global payments technology company.

Vodacom is a South Africa-based communications provider.

Woolworths the leading organic food & clothing retailer in the Southern Hemisphere.

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