News Leader
Stock picks — Visa and Coronation
Mia Kruger from Kruger International and Nick Crail from Ashburton Investments talk to Business Day TV
Mia Kruger from Kruger International chose Visa as her stock pick of the day and Nick Crail from Ashburton Investments chose Coronation Fund Managers.
Kruger said (https://youtu.be/lNVKl_4_f4E): “I’m going for Visa, it’s lagging behind Mastercard and is one of the two largest payment networks in the world. Both of them incorporating a lot of tech, but Visa has actually lagged the market and lagged Mastercard quite a bit of late and we think if you just look on a relative basis compared to the rest of the market, and from a tech perspective this is something that actually does look quite attractive still, compared to the rest of the market from these levels.”..
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