Stock Recommendation for This Week

By Modupe Gbadeyanka

It is a new week and investors are looking forward to fruitful trading sessions and how the market will react to the action taken on Oando Plc last weekend.

The market is going to open only for three days this week as a result of the two-day holidays on Tuesday and Wednesday to mark the end of Ramadan by Muslims in the country.

As usual, analysts at Meristem Research have released their recommendations for this week, which gives investors an idea of which stock to buy, sell or hold.

They are of the view that investors will take advantage of the low price of market heavyweights to load their portfolios.

“Similarly, we expect positive sentiment to spread across other sectors, given the cheap valuation of stocks in the market,” which will consequently leave the market positive this week, they said.

Below are their recommendations