WATCH: Stock picks — cash and Porsche

Makwe Masilela from Makwe Fund Managers chose cash as his stock pick of the day and David Shapiro from Sasfin Securities chose Porsche.

Masilela said: “What’s been drawing my attention is the strength of the rand and, given that the markets have done so well, I’ll be sitting on my cash.”

Shapiro said: “I can’t believe that there are so many rich people in the world, lining up to buy these luxury cars, so I thought I’d look at Porsche as well.”