Stock pick — British American Tobacco

Graeme Franck from PSG Wealth Sandton Grayston chose British American Tobacco as his stock pick of the day.

"In terms of my my stock pick I do like British American Tobacco for the simple reason that it was hit hard recently on the back of the US and this whole menthol investigation into cigarettes. So the share price has come off in pound terms from 33 pounds to the sort of 27-28 and they came out with a statement today, declaring a dividend of 215 pence."