WATCH: Stock picks — Disney and Sanlam

Gary Booysen from Rand Swiss chose Walt Disney Company as his stock pick of the day and Nick Crail from Ashburton Investments chose Sanlam.

Booysen said: “I’m going to go with the Walt Disney Company; the company has been under an enormous amount of pressure recently, partly because there’s been a management shake-up.”

Crail said: “I’m going with Sanlam, just having a look at where there’s value in the SA system at the moment, you talk about defensive-orientated quality companies that really have delivered and then those that have taken a significant bloodbath, of which Sanlam certainly is one of those sort of companies.”

Source: businesslive.co.za