WATCH: Stock pick — AB InBev

Warren Jeffery from Nedbank Private Wealth chose Anheuser-Busch InBev (AB InBev)  as his stock pick of the day.

He said: “They have fantastic geographic diversification and their yield is currently sitting at 4.1% with a nice rand hedge counter that has been put in place, which is relatively noncyclical. So if you are looking for a way to weather the storm, it’s a good place to be.”

Source: businesslive.co.za