Ricus Reeders from PSG Wealth Sandton chose Adcock Ingram as his stock pick of the day and Ian Cruickshanks from the SA Institute of Race Relations chose cash.

Reeders said: “I’m going with Adcock, they have had decent results, obviously there is always the problem with regulation specifically with the National Health Insurance (NHI) but their over-the-counter market is growing.”

Cruickshanks said: “I would tend to go into the US market with a currency hedge first of all and I’d want to go in for a fund which had commercial bonds because I believe if you have any rate cuts it is going to be a capital gain score there.”

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