15 July 2021 1 Min Read
Stock Watch
WATCH: Stock picks — Qualcomm and SA banks
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth & Investments talk to Business Day TV
in Markets by Business Day TV
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David Shapiro from Sasfin Securities chose Qualcomm as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose SA banks.
Shapiro said: “I’m going for Qualcomm simply because Bloomberg pointed it out as one of the 10 shares to watch.”
McCurrie said: “I’m repeating myself from last week. SA banks you are buying at a 6%-8% forward dividend yield one year out, that’s properly cheap.”
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