Stock Watch
WATCH: Stock pick — Steinhoff
On Business Day TV Channel 412
16 November 2017 - 14:50
Wayne McCurrie from Ashburton Investments chose Steinhoff (R52.17/-3.16%) as his stock pick of the day, saying its US mattress firms is doing quite well and the company’s results, which will be out soon, will indicate whether the fall in its share price is warranted. David Shapiro from Sasfin Securities did not have a stock pick, but advised portfolio holders to not share their Naspers shares just yet. “There will be a time where it’s time to start taking profits,” he said.
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