WATCH: Stock picks — Remgro and Equinix

Ricus Reeders from PSG Wealth Sandton chose Remgro as his stock pick of the day and Nesan Nair from Sasfin Securities chose Equinix.

Reeders said: “Remgro, which is a sort of a cop-out because obviously I can go and buy the underlying stocks, but we were talking about Mediclinic’s results, which I thought looked interesting.”

Nair said: “I’m going to go with Equinix. It’s a US-listed company. They do another cloud infrastructure like the servers, the server farms and the electricity generation for those farms.”