Picture: 123RF/CHATTRAWUTT HANJUKKAM
Picture: 123RF/CHATTRAWUTT HANJUKKAM

Ricus Reeders from PSG Wealth Sandton​ chose British American Tobacco (BAT) as his stock pick of the day and Jean Pierre Verster from Protea Capital Management chose Novo Nordisk.

Reeders said: “My stock pick happens to be listed here and British American Tobacco is to me an obvious choice. In other words, a stable industry, I think it’s undervalued relative to its peers and I don’t think that dividend is in any danger.”

Verster said: “I’m picking a Danish pharmaceutical company called Novo Nordisk. They are the world leaders when it comes to insulin and they are making a lot of money through selling insulin and they’re also now involved in Covid research.”

Ricus Reeders from PSG Wealth Sandton​ and Jean Pierre Verster from Protea Capital Management talk to Business Day TV

Or listen to the full audio:

Subscribe for free episodes: iono.fm | Spotify | Apple Podcasts | Pocket Casts | Player.fm

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.