WATCH: Stock picks — Intel and Burford Capital

Jean Pierre Verster from Protea Capital Management chose Intel as his stock pick of the day and Drikus Combrinck from Capicraft chose Burford Capital.

Verster said: “Tonight I’ll pick Intel, the US-based semiconductor or chip manufacturer. There’s a lot of movement in the semiconductor space at the moment, there are shortages of chips and there’s different technology and Intel has unfortunately fallen behind. They also have a new CEO who joined in the past month and I’m hopeful that with their long history of leading the chip market when it comes to PCs … they can regain that competitive advantage.”

Combrinck said: “Burford Capital, a litigation finance company, the biggest one that might be really the only litigation finance company that’s worth a mention. They also launched the asset management division, with a 40% participation fee and there are a few things hanging over the company.”