WATCH: Stock picks — ARI and Heineken

Mark du Toit from Oyster Catcher Investment chose ARI as his stock pick of the day and Ricus Reeders from PSG Wealth chose Heineken.

Du Toit said: “So, I’m going for African Rainbow Minerals (ARM), Patrice Motsepe’s business. Largely because they own two platinum and palladium mines in SA, which I think has been largely overlooked by the market.”

Reeders said: “Considering that we’ve had a nice run in our local market mainly led by the platinum counters and we’ve also had quite a run in overseas markets, specifically in the Americas, I’m going a little bit more defensive with Heineken.”