WATCH: Stock picks — Assore and Macerich

Joseph Busha from JM Busha Investments chose Assore as his stock pick of the day and Drikus Combrinck from Capicraft chose Macerich.

Busha said: “I think if you look in terms of what has happened in the past two weeks, iron price up about 10% on Friday 3%, so the price has been depressed. They are down 23% for the year, today obviously a little bit of response and 7% up, so I think the earnings remain kind of high compared to the price and they have to converge at some stage.”..

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