Picture: 123RF/SEEWHATMITCHSEE
Picture: 123RF/SEEWHATMITCHSEE

Wayne McCurrie from FNB Wealth & Investments chose the market as his stock pick of the day and David Shapiro from Sasfin Securities chose Airbus and Disney

McCurrie said: “There are a few a good high-quality companies that have survived through thick and thin over many many years and I don’t know the future the market, it could fall another 50%, I have no clue. The only thing I do know is at this level the market represents good long-term value so at bare minimum don’t panic and sell, and if you have some spare cash don’t spend it at all today, phase it in.”

Shapiro said: “I have two, I think Disney and Airbus are looking incredibly cheap at the moment and I think the market has totally miss-priced these. They’ve just been sold indiscriminately so if you’ve got patience I think you’re going to do incredibly well on those.”

Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities talk to Business Day TV

Or listen to the full audio:

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.