Martin Smith from Anchor Capital chose cash as his stock pick of the day and David Shapiro from Sasfin Securities chose to back global markets recovery.
Smith said: “I’m happy to be sitting on a bit of cash. I think volatility is going to continue to be high over the next few weeks given the backdrop of US elections, stimulus talks as well as potential shutdowns across Europe with a second wave of Covid.”
Shapiro said: “I’m still going the blue way (backing global market recovery). I still think that we get we’ve got some more upside there and I think should the election go our way, you’re going to make money.”