WATCH: Stock picks — Afrimat and Gladstone Land

Deryck Janse van Rensburg Anchor chose Afrimat as his stock pick of the day and Drikus Combrinck from Capicraft chose Gladstone Land.

Janse van Rensburg said: “My stock pick tonight is Afrimat, I think as you mentioned earlier in the show iron-ore prices and where it is at the moment is supportive, the stock is looking cheap and I back management as they’ve executed extremely well over the past three to five years.”

Combrinck said: “My stock is called Gladstone Land Corporation, it’s one of only two Reits [real estate investment trusts] in the US that buys farmland, and only farmland.”

Source: businesslive.co.za