12 South African Stocks To Watch In 2015
Impala Platinum produces nearly 22 percent of the world’s supply of platinum. Several factors will contribute to Impala Platinum’s revenue growth in 2015, says Sizwe Mkhwanazi, portfolio manager at Sanlam Private Wealth. For starters, the company has as strong balance sheet and little debt, but it’s also going through a “cost rationalisation exercise” so it should be cutting expenses. On top of that, diesel cars in Europe are seeing a comeback, which will benefit the company. A poll of 26 investment analysts in December 2014 suggested investors should hold their position in the company.