WATCH: Stock picks – Aspen and DRD Gold – Business Day

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Graeme Korner from Korner Perspective chose Aspen as his stock pick of the day.

He says that if the ANC elective conference does not end the way the market wants, the rand will be sold off quite aggressively and Aspen would be a natural beneficiary of that.

The company has transformed itself quite, with the share price coming back, and this could possibly be in part because the rand fought back.

Aspen is a good business built and is in a few niches

Technical analyst Frans de Klerk chose DRD Gold. He believes that, with more political developments in the US, gold will rally and the rand could weaken.

This post was originally published on *this site*