WATCH: Stock picks — Disney and Sanlam
Gary Booysen from Rand Swiss and Nick Crail from Ashburton Investments talk to Business Day TV
Gary Booysen from Rand Swiss chose Walt Disney Company as his stock pick of the day and Nick Crail from Ashburton Investments chose Sanlam.
Booysen said: “I’m going to go with the Walt Disney Company; the company has been under an enormous amount of pressure recently, partly because there’s been a management shake-up.”
Crail said: “I’m going with Sanlam, just having a look at where there’s value in the SA system at the moment, you talk about defensive-orientated quality companies that really have delivered and then those that have taken a significant bloodbath, of which Sanlam certainly is one of those sort of companies.”
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