Deryck Janse van Rensburg from Anchor Securities and Wayne McCurrie from FNB Wealth & Investments talk to Business Day TV
03 October 2019 - 10:47
byBusiness Day TV
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Deryck Janse van Rensburg from Anchor Securities chose Amazon as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Airbus.
Janse van Rensburg said: “Amazon has certainly got so much of the market at this stage from a retail perspective but I ... think ... this company, with the cash on balance sheet, has got the ability to acquire, to horizontally integrate and, if there are competitors out there, they can swipe them up in a heartbeat.”
McCurrie said: “Be proxy from Mr Shapiro; I choose Airbus and he will explain it when he gets back because he asked me to choose Airbus for him.”
Deryck Janse van Rensburg from Anchor Securities chose Amazon Inc as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Airbus
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Stock Watch
WATCH: Stock picks — Amazon and Airbus
Deryck Janse van Rensburg from Anchor Securities and Wayne McCurrie from FNB Wealth & Investments talk to Business Day TV
Deryck Janse van Rensburg from Anchor Securities chose Amazon as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Airbus.
Janse van Rensburg said: “Amazon has certainly got so much of the market at this stage from a retail perspective but I ... think ... this company, with the cash on balance sheet, has got the ability to acquire, to horizontally integrate and, if there are competitors out there, they can swipe them up in a heartbeat.”
McCurrie said: “Be proxy from Mr Shapiro; I choose Airbus and he will explain it when he gets back because he asked me to choose Airbus for him.”
Deryck Janse van Rensburg from Anchor Securities chose Amazon Inc as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Airbus
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