Sultans' Weekly Stock Picks 12 July 2026
The story behind the numbers. Sunday intelligence from the boardrooms to the streets of the NSE.
Welcome to Sultan’s Weekly Stock Picks, dropping into your inbox every Sunday evening to set your agenda for the trading week ahead. Our methodology doesn't stop at the spreadsheets; we look for the story behind the numbers. On the NSE, a balance sheet only tells you what happened—we look at why it happened. By blending hard fundamental data with deep intelligence sourced directly from the boardrooms to the streets, we decode the executive shifts, regulatory battles, and operational catalysts driving the market. This is your definitive playbook for navigating Kenyan capital markets with an unfair information advantage.
12 July 2026
1. Nairobi Securities Exchange PLC (NSE)
The NSE Strategic Plan 2025–2029 lays out a bold path to scale overall revenue to KES 3 billion, aggressively shifting the mix so that non-trading channels generate 60% of top-line income. Management’s aggressive focus on digital diversification makes me believe they will hit these milestones ahead of schedule. I am no longer looking at this as a tactical trade; I am firmly locked in as a long-term investor.
2. East African Breweries PLC (EABL)
As the high-stakes Asahi transaction continues to clear its cross-border regulatory and litigation hurdles, the stock remains the ultimate stabilizer for a portfolio. Its unrivaled operational cash flows ensure it functions as a unique, highly resilient dividend compounder. It provides vital structural defensive weight while the broader market handles macro volatility.
3. Diamond Trust Bank Kenya (DTK)
DTK stands out as the solitary large-cap banking counter on the bourse that remains deeply underappreciated by the market. The underlying asset quality and regional scale are exceptional, but the price is artificially capped by lingering governance concerns. Once these internal frictions clear, the counter is tightly coiled for an explosive breakout to deliver major alpha.
4. HF Group PLC (HFCK)
This is my definitive corporate turnaround play of the year. With a realistic pathway toward resuming dividend payouts, the stock unlocks immediate asymmetric upside and multiple execution paths. In a Kenyan banking landscape where tier-one players are hungry for market share, HFCK’s strategic assets make it a prime, highly lucrative merger or acquisition target.
5. Carbacid Investments PLC (CARBACID)
Carbacid is a pure masterclass in defensive, monopolistic market positioning. Operating essentially without a direct rival in its specialized niche, the company continues to generate predictable, bulletproof cash flows year after year. It remains a proven, elite dividend anchor for anyone seeking unshakeable cash yield.
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