WATCH: Stock picks — SA government bonds and Splunk
Wayne McCurrie from FNB Wealth & Investments chose SA government bonds as his stock pick of the day and David Shapiro from Sasfin Securities chose Splunk.
McCurrie said: “I’m going to one of my favourites that I’ve given a while back, buying SA government bonds on a three-year view. You’re getting a 10% return, 6%-7% real return and you’re taking rand risks.”
Shapiro said: “I’m going for Splunk, it’s a software company. They interrogate data and the cloud and write software that you can utilise to understand your business better.”
Source: businesslive.co.za