WATCH: Stock picks — Remgro and Equinix
Ricus Reeders from PSG Wealth Sandton and Nesan Nair from Sasfin Securities talk to Business Day TV
Ricus Reeders from PSG Wealth Sandton chose Remgro as his stock pick of the day and Nesan Nair from Sasfin Securities chose Equinix.
Reeders said: “Remgro, which is a sort of a cop-out because obviously I can go and buy the underlying stocks, but we were talking about Mediclinic’s results, which I thought looked interesting.”
Nair said: “I’m going to go with Equinix. It’s a US-listed company. They do another cloud infrastructure like the servers, the server farms and the electricity generation for those farms.”
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