WATCH: Stock picks — Micron Tech and TFG
Jean Pierre Verster from Protea Capital Management chose Micron Technology as his stock pick of the day and Independent Analyst Chris Gilmour chose TFG.
Verster said: “My pick tonight is Micron, it’s listed in the US and it’s a semiconductor manufacturer. It basically makes memory chips.”
Gilmour said: “I’m going on a limb and going for TFG, The Foschini Group. They are sitting on a single-digit PE [price-earnings ratio] and the results came out the other day and I think along with Mr Price they are the only clothing retailer that has managed to come to the plate when it comes to dealing with with Covid.”
Source: businesslive.co.za