Stock Watch
WATCH: Stock picks — retailers and FAANG
Wayne McCurrie from FNB Wealth and Investments and David Shapiro from Sasfin Securities talk to Business Day TV
16 April 2020 - 11:12
Wayne McCurrie from FNB Wealth and Investments chose retailers as his stock pick of the day and David Shapiro from Sasfin Securities chose FAANG (Facebook, Amazon, Apple, Netflix and Alphabet — formerly known as Google) stocks.
McCurrie said: “I think you can pick SA retailers — I think that you can go for Spar, Pick n Pay or Shoprite. I'd be a little bit cautious about Woolies but that's because of Australia. But you know it is once again a consistent theme and I hope I'm not boring anyone, but when life returns to some form of normality these shares will also return to some form of normality.”..
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