David Shapiro from Sasfin Securities chose Nvidia as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Bidvest.
Shapiro said: “What I do like very much is Nvidia…. I’m still a big [fan] of the semiconductor companies as well. I think Nvidia is the leading semiconductor company at the moment.”
McCurrie said: “I’m going for Bidvest, they’ve taken all the charges in the income statement at these current results…. They have an underlying earnings base of about R10 a share and there’s going to be big growth coming in the next couple of years because they’ve cleaned out the base they’ve got a strong balance sheet.”