David Shapiro from Sasfin Securities chose US tech stocks as his stock pick of the day and independent analyst Chris Gilmour chose Afrimat.
Shapiro said: “I’m still a tech man, these tech companies are still generating massive profits and huge cash. They’re increasing the power by using that cash to buy other businesses as well. I still think if I’m going to be anywhere it’s still going to be in those very muscular technology companies.”
Gilmour said: “Locally, I’m sticking with Afrimat because I believe that the market just has not picked up on this one at all.”