Five mega growth stocks from cognac to the Cloud

From beer to private equity, and cognac to cloud computing, Sanlam's global head of equities Pieter Fourie speaks to Annabelle Williams about his top stock picks across a broad universe.

1 Blackstone Group Private equity has fallen out of favour during the crisis as asset values fell and liquidity become a serious issue for the sector. However, Fourie described this stock as “beta play on the market”, as the return of economic health should mean better fortunes for private equity houses. “The business is trading on a P/E of 11x. It is still growing its assets, and those assets are growing in value. You could argue that, if you believe in a sustained recovery in the economy, Blackstone is a beta way to play the recovery in private equity,” he said. 2 Microsoft Four...