WATCH: Stock picks — Heineken and Aspen

Jonathan Fisher from PSG Wealth Sandton chose Heineken as his stock pick of the day and Nick Crail from Ashburton Investments chose Aspen Pharmacare.

Fisher said: “I choose Heineken, listed in Amsterdam, it has a price of €97 with a PE [price-earnings ratio] of 29 [times multiple] and dividend yield of 1.59%. Heineken has a market cap of €56bn. Historically the group benefited from top-line growth and margin expansion and they operate in 70 countries.” ..

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