Deryck Janse van Rensburg from Anchor Capital chose Spotify Technology as his stock pick of the day and Gerbrand Smit from NeFG Fund Management chose British American Tobacco (BAT).

Janse van Rensburg said: “I’m going with Spotify overseas, this is obviously a media-based music streaming platform. I think that the service they offer has been sort of subpriced and it’s really to gain market penetration.”..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.