Steven Schultz from Momentum chose Amazon as his stock pick of the day. The stock has been a favourite among traders in recent weeks since US President Donald Trump took aim at Amazon on Twitter. Amazon also announced last week that it has about 100-million prime customers and they are re-inventing cloud computing space and online retail, among other things. “Amazon has it covered which makes this a very stable investment for any trader,” said Schultz. OR LISTEN TO THE AUDIO: Listen to all latest podcasts here.

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.