WATCH: Stock picks — AVI and Microsoft
Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities talk to Business Day TV
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.”..