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

2026-07-22 15:23 • The Motley Fool Positive Axe Cap view: Selective

The article recommends three dividend stocks suitable for long-term buy-and-hold investors: Pfizer, which is developing new blockbuster drugs and entering the obesity drug market; Coca-Cola, with 64 years of consecutive dividend increases and a resilient business model; and Brookfield Renewable, which offers recurring income from renewable energy assets with 5-9% annual dividend growth targets.

Axe note: Reliable dividend payers with growth potential can anchor your portfolio for income and stability.

2026-07-22 15:15 • The Motley Fool Neutral Axe Cap view: Selective

Tesla delivered 480,126 vehicles in Q2 2026, beating Wall Street's consensus estimate of ~406,000 by nearly 74,000 units and representing a 25% year-over-year increase. However, the article argues that this success was driven more by external factors—including recovery from 2025 political backlash, increased EV adoption due to higher gas prices from Middle East geopolitical conflict, and increased competition—rather than CEO Elon Musk's direct operational decisions. Despite strong delivery numbers, Tesla's stock fell after the announcement, with investors focused on upcoming earnings and concerns about Musk's shift toward AI, automation, and humanoid robots requiring significant capital spending.

Axe note: Tesla’s large Q2 delivery surprise reflects external drivers more than sustainable growth.

2026-07-22 15:10 • The Motley Fool Positive Axe Cap view: Selective

SpaceX was added to the Nasdaq-100 on July 7, 2026, and initially dropped 17% in its first 10 days, following historical patterns where most new index additions decline in their first week. However, historical data shows stocks added to the Nasdaq-100 typically gain 3.6% after one month and 6.3% after three months. SpaceX's long-term prospects depend on capturing its $26.5 trillion addressable market in AI infrastructure, with potential revenue from computing capacity deals with Alphabet, Anthropic, and the Department of Defense, though the company faces significant capital expenditure requirements and already substantial losses.

Axe note: New Nasdaq-100 entrants like SpaceX often stumble early but can rebound; South African investors should weigh currency risks.