Picture: 123RF/TAKASHI HONMA
Picture: 123RF/TAKASHI HONMA

Jonathan Fisher from PSG Wealth Sandton Grayston chose Berkshire Hathaway as his stock pick of the day and Nesan Nair from Sasfin Securities chose Microsoft.

Fisher said: “Berkshire Hathaway is a US-based conglomerate involved in insurance, freight, rail transportation, utility businesses and reinsurance. Basically the company is sitting on a market cap of $476bn and just looking at the share price now, this is the A-share, is it at $295,000 a share.”

Nair said: “Microsoft has a lot of cash so I think in this time if you could identify which companies are being sold off for no reason and I think the tech stocks with their huge cash piles and their big global market shares are going to be around after Covid-19.” 

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