WATCH: Stock pick — Bidcorp
Craig Pfeiffer from Absa Stockbrokers and Portfolio Management chose Bidcorp as his stock pick of the day. "I think just after the budget, again, seeing the budget deficit growing, looking at the current account deficit that they were forecasting to grow to 4% of GDP. The rand/hedge stocks are still where you need to be and Bid Corp is the one that I still like. A globally diversified food company but a good rand/hedge"
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