Shoppers leave the Shoprite store in Daveyton. Picture: REUTERS/SIPHIWE SIBEKO
Shoppers leave the Shoprite store in Daveyton. Picture: REUTERS/SIPHIWE SIBEKO

Graeme Franck from PSG Wealth Sandton chose Shoprite as his stock pick of the day.

“So in light of tomorrow, and my expectation for interest rates, I do think that blue-chip retailers should rerate in a declining interest rate environment and it just generally better consumer confidence. So, I'm gonna go for Shoprite.”

Graeme Franck from PSG Wealth Sandton talks to Business Day TV about his stock pick of the day

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