Picture: 123RF/pedrosek
Picture: 123RF/pedrosek

Jonathan Fisher from PSG Wealth Sandton chose Roche as his stock pick of the day and Gerbrand Smith from NeFG Fund Management chose Standard Bank.

Fisher said: “I’m going for Roche, a Swiss-based company headquartered in Basel, listed in Switzerland. It is a diagnostics and prescription pharmaceutical company, they sell drugs for anaemia, anti-coagulation therapy, leukaemia — you name it.”

Smith said: “I just think you buy stuff when nobody else wants [it], that is certainly the case with Standard Bank as it falls into that category at the moment.”

Or listen to the full audio: