Picture: 123RF/PAKIKORN YOSPIMSARN
Picture: 123RF/PAKIKORN YOSPIMSARN

Nesan Nair from Sasfin Securities chose Equinix as his stock pick of the day and Gerbrand Smit from N-e-F-G Fund Managers chose British American Tobacco (BAT).

Nair said: “I’m going with Equinix, it’s one of the biggest cloud infrastructure providers and this is an alternative to holding traditional property.”

Smit said: “I’m maintaining my pick of British American Tobacco, it’s still at valuation levels that are just to cheap. We’ve seen volume growth for the first time in a while and at a valuation of about half of what it was a year back, I think it’s a steal.”

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.