WATCH: Stock picks — Equinix and Progressive Insurance

Gary Booysen from Rand Swiss chose Equinix as his stock pick of the day and Jean Pierre Verster from Protea Capital Management chose Progressive Insurance.

Booysen said: “I’m going with Equinix, it’s essentially a large listed real estate investment trust, so it’s a property company but it actually creates data centres so it’s another way to play cloud computing without actually holding the computing section of the business.”..

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