Wayne McCurrie from FNB Wealth & Investments chose FirstRand as his stock pick of the day and David Shapiro from Sasfin Securities chose Novartis.
McCurrie said: “I’m going with FirstRand, it just really symptomatic of all the SA shares and here specifically the banking shares.” Shapiro said: “I’ve been looking at Novartis, and it’s probably one of the biggest pharmaceutical companies around, I like them lot because I like the new management, they are on an acquisition trail with some big acquisitions and I like the companies that are being bought.”
Source: News Formal (newsformal.com)
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