Picture: 123RF/ STOCKWERKFOTODESIGN
Picture: 123RF/ STOCKWERKFOTODESIGN

Sam Mokorosi from Vunani Capital chose Gold ETF as his stock pick of the day and David Shapiro from Sasfin Securities chose FAANG ETF and Nasdaq ETF.

Mokorosi said: “If I could for an ETF I would probably go for a Gold ETF because you have the dual hedge; the rand hedge and the chaos hedge that gold gives you and that is where I would put my money at the moment.”

Shapiro said: “I’m a big tech man, I think tech stocks are going to come up so strong. Find a FAANG ETF, but if you want to stay local buy a Nasdaq ETF.”

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