Picture: 123RF/PHONG PHAN
Picture: 123RF/PHONG PHAN

David Shapiro from Sasfin Securities chose Qualcomm as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose SA banks.

Shapiro said: “I’m going for Qualcomm simply because Bloomberg pointed it out as one of the 10 shares to watch.”

McCurrie said: “I’m repeating myself from last week. SA banks you are buying at a 6%-8% forward dividend yield one year out, that’s properly cheap.”

David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth & Investments talk to Business Day TV

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