Waldo du Plessis from Nitrogen Fund Managers chose Old Mutual as his stock pick of the day.

“I’m going to go with Old Mutual. I think it’s still a quality business.... The stock is down around 17% from the announcement that Peter Moya was being investigated. I think it’s overdone, it’s a quality operation and at these levels of around R19.50 it looks rather cheap compared to its peers.”..

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