Stock pick — Coronation

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

"I'm going to go with the Coronation Fund Managers, this is one of those great shares that for a long time has has fallen back, largely because of non-performance of the stock market. But, we've had great performance at the stock market this year and the share price seems to have lagged a little bit, so that's the one I'm going to be looking out for."