WATCH: Stock picks — Blackrock and SA bonds

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

McCurrie said: “I’m going with Blackrock, their asset values are at record highs, they came out with results and their earnings were up around 20%.”

Shapiro said: “The SA bonds 2040 stock is trading at a yield of 11.4%, that’s clean yield which I find very attractive.”