09 November 2020 1 Min Read
Market Analysis
WATCH: Stock picks — cash and Porsche
Makwe Masilela from Makwe Fund Managers and David Shapiro from Sasfin Securities talk to Business Day TV
in Markets by Business Day TV
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Makwe Masilela from Makwe Fund Managers chose cash as his stock pick of the day and David Shapiro from Sasfin Securities chose Porsche.
Masilela said: “What’s been drawing my attention is the strength of the rand and, given that the markets have done so well, I’ll be sitting on my cash.”
Shapiro said: “I can’t believe that there are so many rich people in the world, lining up to buy these luxury cars, so I thought I’d look at Porsche as well.”
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