The Money Show’s Bruce Whitfield interviews Portfolio Manager Andrew Vintcent for his “Stock Pick Monday” feature.
Vintcent recommends Zeder, Barclays Africa, and Holdsport.
He chooses Zeder, because it offers a relatively cheap way into an expensive sector. In a period of falling food inflation, which we may expect, the margin expansion comes through the food producers.
ClucasGray traditionally looks for companies with strong earnings growth or extremely attractive valuations, and from Barclays they expect a reasonable profile of earnings trajectory over the next few years and an extreme valuation opportunity.
A strong shift towards healthy living and powerful niche make Holdsport a good bet. It has a very strong balance sheet with consistently good cashflow generation and earnings multiple of less than ten times.
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