WATCH: Stock picks — SA government bonds and Boeing/Airbus

Wayne McCurrie from FNB Wealth & Investments chose SA government bonds as his stock pick of the day and David Shapiro from Sasfin Securities chose Boeing/Airbus.

McCurrie said: “I’m going for one of the favourites, SA bonds. They are truly good value, I think the big equity recovery is behind us, so why not pick something that gives you an 8% real yield and go through a unit trust because you will have liquidity.”

Shapiro said: “I think we should go for leisure stocks and you should look at Boeing or Airbus. This is not for the faint hearted, if you really want to choose something where I think there is going to be a turnaround if things go the way we think they are, I think you’re going to get really sharp turnarounds.”

Source: businesslive.co.za