Nick Crail from Ashburton Investments chose Mr Price Group as his stock pick of the day and Ricus Reeders from PSG Wealth Sandton chose Visa.

Crail said: “I think it is largely factoring in the current macro environment, relative to the longer-term quality of these stocks and where it is trading at the moment.”

Reeders said: “Visa just does what it does it has a growing number of transactions and a growing number of clients using their service and growing value.”

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