WATCH: Stock picks — BAT and Unilever

Siboniso Nxumalo from Old Mutual Investments chose BAT as his stock pick of the day and Mia Kruger from Kruger International chose Unilever.

Nxumalo said: “If you look at British American Tobacco [BAT], the issue there in terms of why the price has collapsed or underperformed is largely because of raw cigarette volumes, which have been trending downwards.”

Kruger said: “The one that I want to single out is Unilever. If you consider that Unilever has a strong personal care and goods company in the world. They’ve got over 400 brands, they operate in over 190 countries around the world, they’ve got some of the strongest brands.”