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

2026-09-29 15:35 • The Motley Fool Positive Axe Cap view: Selective

Chevron is highlighted as an attractive investment opportunity due to its 39-year streak of consecutive dividend increases, with a 7% compound annual growth rate over 25 years. The company's strong financial position, with a breakeven point below $50 per barrel of Brent crude for dividends and capital expenditures through 2030, positions it well to extend its dividend growth streak further.

Axe note: Chevron’s decades-long dividend growth and low breakeven oil price make it a compelling play in energy.

2026-09-29 15:22 • The Motley Fool Positive Axe Cap view: Selective

AMC Entertainment stock has surged 111% in 2026, defying Wall Street skepticism. Despite being down 99.1% over five years, the company is experiencing a genuine turnaround driven by improving fundamentals: domestic ticket sales are up 20% year-over-year, theaters are expanding high-margin concessions offerings, and profitability is expected by 2028. The author, who recently became an AMC shareholder, argues that dismissing the stock based on past performance overlooks the current momentum and improving business metrics.

Axe note: AMC’s surprising bounce is grounded in improving fundamentals, but South African investors should stay cautious and watch USD/ZAR more closely.

2026-09-29 15:07 • The Motley Fool Positive Axe Cap view: Selective

Vertiv Holdings, a leader in AI data center cooling and power management systems, has announced two major acquisitions (UtilityInnovation Group and King Environmental) to expand its global presence. The company reported strong Q2 results with 24% revenue growth and 53% earnings growth, raised 2026 guidance to 37% revenue growth and 60% adjusted earnings growth, and projects $2.4-2.6 billion in free cash flow for 2026. With a forward P/E of 27 and PEG below 1, analysts view the stock as reasonably valued despite a 55% year-to-date gain.

Axe note: Vertiv’s push into AI data center cooling and power management offers a rare growth play in tech infrastructure that might excite investors, despite no direct JSE link.