Martin Smith from Anchor Securities chose Amazon as his stock pick of the day and Robert Towell from Sasfin Securities chose to stay in cash.

Smith said: “On the back of the news out of the US with regards to all the antitrust issues we saw the FANGS [Facebook, Amazon, Netflix and Google] take a bit of a knock. I use that as an opportunity to top us on a few shares there. I think Amazon is the pick of the bunch though.”

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 Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now