WATCH: Stock picks — Adidas and Facebook
Nesan Nair from Sasfin Securities and Jean Pierre Verster talk to Business Day TV
Nesan Nair from Sasfin Securities chose Adidas as his stock pick of the day and Jean Pierre Verster from Protea Capital Management chose Facebook.
Nair said: “I’m going with Adidas, the German footwear and athletic-wear producer. We have been holding this for a few years and it’s one that I think probably still has more legs.”
Verster said: “Also going for a big international stock, one of the biggest — Facebook. I have picked it before but where we’re right now, it is almost trading at a brand new high.”
Listen to the full audio here: