Stock Watch- Stock Picks - Home Depot Inc and Absa Group Limited

Paul Chakaduka from GT247.com chose Absa Group Limited as his stock pick of the day. Fair and fine the banks are still going to make money in this environment and the share price has really run hard and was down 4% on the day. But with the news last week of the "change of guard" at the helm of Absa which brought about some positive sentiment in the market.

Gary Booysen from Rand Swiss chose Home Depot Inc. as his stock pick of the day, an American stock and the company is the equivalent to SA's Builders Warehouse. An absolutely monolithic company that generates an enormous amount of cash. Last year they doubled their share buy backs so significant cash is being returned to shareholders already and it has a dividend policy where it pays out 55% of earnings to shareholders as well.