Robert Towell from Sasfin Securities chose Philip Morris as his stock pick of the day.

"Definitely looking overseas at the moment. I think that with interest rates going down we'll see more flow into foreign assets again. You start to see the US market looking very good again so we're looking at dividend-paying companies, one can even go into some of your utilities and in some of the staples as well. We also like Philip Morris at these levels paying relatively decent dividends and starting to grow again from good cash flow."

Nesan Nair from Sasfin Securities chose Sasol as his stock pick of the day.

"It is very hard to pick a stock right now but I am going to go for Sasol because I think there is probably going to be some bad news. There is sufficient margin of safety there for investors to seriously start looking at that right now."

Steven Schultz from Momentum chose Fortress REIT Ltd B as his stock pick of the day. "I'm going to bet on South Africa as an economy and by extension, a listed property called Fortress. It obviously operates in a severely
depressed economy, which has taken its toll on the share price as has allegations of market manipulation and accounting irregularities. They have of course been cleared by the FSCA of any wrongdoing as well as audit by the PWC. Since 2017 their share price has been down between 60% and 70% to today. I think that they've been using the depressed market price market quite wisely in terms of buying up new stock - anywhere between three and nine percent so that should give a bit of a kick to dividends. And even if you assume a moderate distribution growth going forward I think they're pretty cheap at R10,50 per share."

Despite MTN facing headwinds in Nigeria, continued growth in the region has helped cushion the company from slowing growth in its domestic market where earnings were hit by a Cell-C write down and the loss of close to 2 million subscribers. Overall, adjusted headline earnings grew 12% and a dividend of R1.95 has been declared reflecting an increase of over 11%.

Business Day TV caught up with Rob Shuter, Group CEO of MTN us to discuss the kind of pressure its facing in SA, and how its being offset...

Grant Gilburt from Nedbank Private Wealth chose Stor-Age Prop REIT Ltd as his stock pick of the day.

"My pick is Stor-Age, it's a very niche fund avoiding all commercial property that is to focused on office space or retail space. Stor-Age as the name suggests is a storage player we should see at least small distribution growth which is much better than the rest of the sector but it has been selling off quite a bit. It is also quite a nice defensive player in the current market."

Sam Mokorosi from Vunani Capital chose a Rhodium ETF as his stock pick of the day."We like Rodium, they have been running for a few years now and we think it still has some steam to go. It is complimentary to platinum and can displace platinum in terms of the converters and so the whole theme around being environmentally friendly and going green is certainly helping Rodium at the moment, so we think you should go out and buy that ETF."