Sekgabo Molelekoa from Umthombo Wealth chose Combined Motor Holdings (CMH) as her stock pick of the day and Gary Booysen from Rand Swiss chose MSCI World index tracker.

Molelekoa said: “I choose CMH and we’ve seen it being very defensive, even in the way their vehicle results were falling. They are highly cash-generative, with around R514m on a market cap of around R1.6bn. Also, when you compare them to peers, they are SA centric so they are geared towards an economic upturn.”..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now