FILE PHOTO: The Nestlé logo is seen during the opening of the 151st Annual General Meeting of Nestle in Lausanne, Switzerland April 12, 2018. Picture: REUTERS / PIERRE ALBOUY
FILE PHOTO: The Nestlé logo is seen during the opening of the 151st Annual General Meeting of Nestle in Lausanne, Switzerland April 12, 2018. Picture: REUTERS / PIERRE ALBOUY

Kwame Antwi from KOA Capital chose Nestlé as his stock pick of the day.

“If you look at the cycle, investors now need to start positioning their portfolios in a much more defensive fashion and I think Nestlé is one of those businesses.”

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