Craig Pheiffer from Absa Stockbrokers & Portfolio Management has chosen Visa as his stock pick of the day. He said that Visa was likely to benefit from the increase in online shopping. “Visa is trading at a premium, with good cash flow generation and revenues are only going to get higher.”
OR LISTEN TO THE FULL SHOW:..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.