WATCH: Stock picks — Global market recovery and Prosus
David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth talk to Business Day TV
Shapiro said: “I would back the blue wave, I think that we’re going to see strong markets after the election for whatever reason. It’s hard to call it but I think that there will be stimulus packages as well, so I’m backing global markets picking up.”
McCurrie said: “I’m going for Prosus, when you look at Prosus and you take out the value of Tencent, about 50% of the rest of the valuation of the shares are actually classified and classified listings are going up hand over first right now.”
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