Clear market notes built around the JSE, the rand, and what matters locally.

2026-10-03 09:35 • The Motley Fool Positive Axe Cap view: Selective

Procter & Gamble stock has fallen 18.5% from its all-time high, pushing its dividend yield to 3% and valuation to 22x forward earnings. While the company faces near-term headwinds including inflation, higher input costs, and market share erosion, its strong cash flow generation, 70-year dividend growth history, and cost-reduction strategy suggest it could represent a buying opportunity if management can execute its turnaround plan.

Axe note: Procter & Gamble’s 18.5% drop from its peak offers a 3% yield but comes with execution risks.

2026-10-03 09:30 • The Motley Fool Positive Axe Cap view: Selective

The author argues that long-term stock investing differs fundamentally from casino-like short-term trading. He focuses on companies with high revenue growth and rising profit margins, particularly in the tech sector. He emphasizes that lower market cap companies with strong fundamentals can deliver outsized returns compared to mega-cap stocks, using Silicon Motion Technology and Nvidia as contrasting examples.

Axe note: Long-term investing favors companies with rising revenues and profit margins, especially those with smaller caps.

2026-10-03 09:20 • The Motley Fool Positive Axe Cap view: Selective

Taiwan Semiconductor Manufacturing (TSMC) is positioned to outperform major chip competitors in 2027 due to its pricing power as the dominant foundry player. With customers like Nvidia and AMD raising prices to accommodate TSMC's 10% chipmaking fee increases, combined with strong earnings growth potential and a discounted valuation of 21x forward earnings, TSMC could see its stock jump to $711 by end of 2027, representing 56% upside.

Axe note: TSMC’s dominance in chipmaking could make it the top AI beneficiary by 2027, ahead of bigger names like Nvidia and AMD.