Picture: 123RF/IQONCEPT
Picture: 123RF/IQONCEPT

Devin Shutte from The Robert Group chose Distell as his stock pick of the day and Rowan Williams from Nitrogen Fund Managers chose Allied Electronics (Altron).

Shutte said: “My pick is a small liquor company based out off Stellenbosch, and why I like it is because you’ve got great operating earnings growth in a tough environment, a really good portfolio of assets that they’re getting good growth in the alternative labels.”

Williams said: “We are going with Altron, a similar kind of theme in terms of a great equity compound, I think you’ve got a business that had a difficult period, has gone through quite a significant restructuring and is now in a new phase of growth with a completely new management team.”

Devin Shutte from The Robert Group and Rowan Williams from Nitrogen Fund Managers talk to Business Day TV

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