A sign outside the Adcock Ingram offices in Johannesburg. Picture: REUTERS
A sign outside the Adcock Ingram offices in Johannesburg. Picture: REUTERS

Steven Schultz from Momentum chose Adcock Ingram as his stock pick of the day.

“Their turnover is up by a respectable 16%, their profit was also up 18% and they declared a dividend of 100c. A very respectable company, trading on a 17 price-earnings ratio.”

Steven Schultz from Momentum talks to Business Day TV about Adcock Ingram, his stock pick of the day