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

2026-09-05 13:30 • The Motley Fool Positive Axe Cap view: Selective

Amazon stock is trading 10% below its all-time high, presenting a buying opportunity for long-term investors. While the stock is unlikely to replicate its impressive 561% gain over the past decade, analyst Neil Patel predicts a 300% return over the next 10 years, driven by operating leverage and earnings growth outpacing revenue growth. Amazon's dominance in e-commerce, growing digital advertising business, and AWS cloud services position it as a compelling investment despite its current underperformance versus the S&P 500.

Axe note: Amazon’s current 10% discount may offer strong long-term returns, but South African investors should weigh growth against valuation and currency risks.

2026-09-05 13:22 • The Motley Fool Positive Axe Cap view: Bullish

With uncertainty surrounding the Federal Reserve's September interest rate decision, the article recommends the Vanguard S&P 500 ETF as a solid long-term investment regardless of market conditions. Historical data shows the S&P 500 has delivered an 11.9% average annual return from 1988-2023, and even buying at all-time highs has produced 13.4% average returns, suggesting that timing the market is less important than long-term investing discipline.

Axe note: Despite September’s Fed meeting uncertainty, the Vanguard S&P 500 ETF offers a disciplined, long-term play.

2026-09-05 13:15 • The Motley Fool Positive Axe Cap view: Selective

While Chevron's investments in Iraq and pipeline infrastructure grab headlines, the real driver of its 38-year dividend growth streak is the company's strong financial position and balance sheet management. With a debt-to-equity ratio of 0.2x and the ability to invest across energy cycles, Chevron can maintain dividend growth regardless of geopolitical events or energy price volatility.

Axe note: Chevron’s long streak of dividend rises comes down to financial prudence more than risky overseas projects.