Wayne McCurrie from FNB Wealth & Investments chose AVI as his stock pick of the day and David Shapiro from Sasfin Securities chose Microsoft.

McCurrie said: “Earnings [at AVI] are down 2%-4%, which is nothing, and the biggest reason is the Green Cross shoes, the restructuring and the cost associated with that. Their snack business and the coffee creamer business actually did quite well.”..

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