ASML and Naspers
--:--
David Shapiro from Sasfin Securities chose ASML as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Naspers.
Shapiro said: "Just SAML, my best company with incredible results out in Amsterdam today. They are just pumping, they make the machines that make chips so just a wonderful result and I still think there's upside."
McCurrie said: "I'm going for Naspers, the shares are down 11% year on year which is astonishing for Naspers, then buy the Naspers and swap it out for the Prosus, I think there is some upside there, just remember if you do sell it out and take the Prosus it's a tax event and just make sure you understand the implications."
Shapiro said: "Just SAML, my best company with incredible results out in Amsterdam today. They are just pumping, they make the machines that make chips so just a wonderful result and I still think there's upside."
McCurrie said: "I'm going for Naspers, the shares are down 11% year on year which is astonishing for Naspers, then buy the Naspers and swap it out for the Prosus, I think there is some upside there, just remember if you do sell it out and take the Prosus it's a tax event and just make sure you understand the implications."