WATCH: Stock pick — rhodium

Andile Buthelezi from Sentio Capital chose rhodium as his stock pick of the day.

“I have an interesting one I think, my stock pick is rhodium, which is a platinum group metal (PGM) that a lot of our platinum mining companies in SA produce. It is mainly used in the catalytic converters you find in vehicles and the idea with it is that it helps to reduce emission levels that come out of a car.”

Source: businesslive.co.za