It is recommended to perform in-depth research, fundamental analysis, and technical analysis before you start trading shares, but to make the choice easier for beginners, a list of some of the 5 best shares to buy in South Africa, is presented below.
Naspers Limited (JSE: NPP)
Naspers has a diverse business portfolio with interests in publishing, retail and venture capital investing. With headquarters in Cape Town, Naspers is generating over $22 billion in revenue per year.
NPP is a preferred choice for both analysts and investors who have both a retail and institutional background in South Africa and has always been seen as the best South African share to deliver positive returns. Naspers is ranked by Forbes as one of the largest companies in the country and it forms part of the Forbes Global 2000 list, where it is currently in the 504th position.
NPP is listed under the Publishing Industry and its current price, at the time of writing, was R2,390.53, against R2,949.85 a year ago, indicating an 18.96% difference. It gives a dividend yield of 0.23%.
Anglo American Plc (JSE: AGL)
Anglo American plc is a globally diversified multinational mining company listed on the Johannesburg Stock Exchange (JSE) with a diversified portfolio of world class competitive mining operations and undeveloped resources. Anglo American plc is also British listed and is the world’s largest producer of platinum.
AGL is one of the top-rated shares in South Africa and Anglo American shows many gains in several underlying commodities such as iron ore and copper, which have been responsible for significant earnings for the business.
AGL is listed under Metals and Mining Industry, with a current price of R601.19, against R413.50 of a year ago, a difference of 45.39%.
Anglogold Ashanti Limited (JSE: ANG)
AngloGold Ashanti is one of the largest gold mining companies with divisions in Continental Africa, Australia, and the Americas. Although the gold mining industry is facing some challenges currently, the outlook remains positive.
AngloGold Ashanti remains a favourite alongside Anglo Gold America, especially with its shares at an affordable price which allows investors to buy shares that should appreciate within the next few months.
ANG’s current price is R217.96 against R488.80 a year ago, a decline of 55.41%.
Sasol Limited (JSE: SOL)
Sasol Limited is currently involved in several Joint Ventures besides asset disposals, in a quest to strengthen and improve its balance sheet. Sudden rises in oil prices are also supporting earnings.
The global demand for oil is improving and the oil markets are digesting these prospects against the extension of supply curbs by OPEC.
The current price of SOL is R221.75 against R137.39 a year ago, an increase of 61.4%.
BRITISH AMERICAN TOBACCO (JSE: BTI)
British American Tobacco Plc is a British multinational company listed on the Johannesburg Stock Exchange (JSE) that manufactures and sells cigarettes, tobacco and other nicotine products. British American Tobacco has a primary listing on the London Stock Exchange alongside a listing on the JSE, and it is one of the largest, most popular shares on the JSE which is favoured by both retail investors as well as institutional investors alike as the best long-term investment. Listed under the Cigarette Manufacturing Industry, its current price is R519.79, against R565.82 of a year ago, a decline of 8.14%, but with a dividend yield of 7.64%.
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