WATCH: Stock picks — Ecolab and FAANG ETFs
Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities talk to Business Day TV
Wayne McCurrie from FNB Wealth & Investments chose Ecolab Inc as his stock pick of the day and David Shapiro from Sasfin Securities chose FAANG exchange traded funds (ETFs).
McCurrie said: “A company called Ecolab, they’re in water and sanitation. They run big projects for industrial people to sanitise the food and the water supply.”
Shapiro said: “The FAANG stocks look appealing and you can find an ETF for a FAANG, unfortunately, I never brought it with me now, but I think that there’s one in Canada that we’re looking at.”
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