WATCH: Stock picks — Google and Shoprite
David Shapiro from Sasfin Securities chose Google parent Alphabet as his stock pick of the day and Wayne McCurrie from FNB Wealth and Investments chose Shoprite.
Shapiro said: “I like Google and I think gaming — subscription-type gaming, downloading gaming and streaming gaming — is still a huge area and as Google is going into that I think it is going to add just another dimension to this incredible business.”
McCurrie said: “Maybe I’m wrong, but I don’t think that the future for SA is as bad as its past and there is some seriously good value in local shares. I’m going for Shoprite. I know I went for it a while back and the share price has since gone down, but the shares are not bad value.”
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth and Investments talk to Business Day TV
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