WATCH: Stock pick — cash and Metrofile
Alex Duys from Umthombo Wealth and Jean Pierre Verster from Protea Capital Management talk to Business Day TV
Alex Duys from Umthombo Wealth chose cash as his stock pick of the day and Jean Pierre Verster from Protea Capital Management chose Metrofile.
Duys said: “I’m still in favour of cash at this stage, this is for the investors that don’t have significant cash portion in their portfolios.”
Verster said: “I’m also bearish but I do think there are individual select opportunities available so I’ll go for a small cap in SA called Metrofile.”
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