Stock Watch
WATCH: Stock picks — BAT and Nike
Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities talk to Business Day TV
25 September 2020 - 09:32
Wayne McCurrie from FNB Wealth & Investments (https://youtu.be/6P_e4vmmdi4) chose British American Tobacco (BAT) as his stock pick of the day and David Shapiro from Sasfin Securities (https://youtu.be/6P_e4vmmdi4) chose Nike.
McCurrie said: “I’m going back to a perennial favourite and that is British American Tobacco. It’s a 6% dividend yield, it’s in a single-digit price earnings ratio and the price hasn’t really recovered dramatically since the big fall-off that we saw, this has generated serious cash flows.”..
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